47-119.1. Form of memorandum for contract to purchase real estate.
A contract to convey real estate may be registered by registering a memorandum thereof which shall set forth all of the following:
(1) The names of the parties thereto.
(2) A description of the property which is subject to the contract.
(3) The expiration date of the contract.
(4) Reference sufficient to identify the complete agreement between the parties.
The memorandum may be in substantially the following form:
The titles of the contract and the parties thereto, as contained in the original written contract, may be substituted in lieu of the above references. (2011-351, s. 1.)
Structure North Carolina General Statutes