NORTH CAROLINA GENERAL ASSEMBLY

1981 SESSION

 

 

CHAPTER 527

HOUSE BILL 933

 

 

AN ACT TO ELIMINATE SPECIAL REQUIREMENTS FOR DEEDS CONVEYING CONDOMINIUM UNITS SO THAT THE GENERAL REQUIREMENTS OF REAL ESTATE LAW APPLY, AS RECOMMENDED BY THE GENERAL STATUTES COMMISSION.

 

The General Assembly of North Carolina enacts:

 

Section 1. G.S. 47A-14 is hereby repealed.

Sec. 2. Chapter 47A of the General Statutes is hereby amended by adding a new section thereto to read as follows:

"§ 47A-14.1. Deeds conveying units. - Any conveyance of a condominium unit executed on or after October 1, 1981, which complies with the general requirements of the laws of this State concerning conveyances of real property shall be valid."

Sec. 3. All conveyances of condominium units executed before October 1, 1981, which comply with the general requirements of the laws of this State concerning conveyances of real property shall be valid even though such conveyances failed to comply with one or more of the particulars set out in former G.S. 47A-14.

Sec. 4. This act shall become effective October 1, 1981.

In the General Assembly read three times and ratified, this the 8th day of June, 1981.