160D-1011. Recordation.
The developer shall record the agreement with the register of deeds in the county where the property is located within 14 days after the local government and developer execute an approved development agreement. No development approvals may be issued until the development agreement has been recorded. The burdens of the development agreement are binding upon, and the benefits of the agreement shall inure to, all successors in interest to the parties to the agreement. (2019-111, s. 2.4; 2020-3, s. 4.33(a); 2020-25, s. 51(a), (b), (d).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 160D - Local Planning and Development Regulation
Article 10 - Development Agreements.
§ 160D-1003 - Approval of governing board required.
§ 160D-1004 - Size and duration.
§ 160D-1006 - Content and modification.
§ 160D-1008 - Breach and cure.
§ 160D-1009 - Amendment or termination.