State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_47E > GS_47E-1

Chapter47E.

Residential PropertyDisclosure Act.

§ 47E‑1.  Applicability.

This Chapter applies to thefollowing transfers of residential real property consisting of not less thanone nor more than four dwelling units, whether or not the transaction is withthe assistance of a licensed real estate broker or salesman:

(1)        Sale or exchange,

(2)        Installment landsales contract,

(3)        Option, or

(4)        Lease with option topurchase, except as provided in G.S. 47E‑2(10). (1995,c. 476, s. 1; 1997‑472, s. 5.)