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.)