47A-23. Liability of grantor and grantee of unit for unpaid common expenses.
The grantee of a unit shall be jointly and severally liable with the grantor for all unpaid assessments against the latter for his proportionate share of the common expenses up to the time of the grant or conveyance, without prejudice to the grantee's right to recover from the grantor the amounts paid by the grantee therefor. However, any such grantee shall be entitled to a statement from the manager or board of directors, as the case may be, setting forth the amount of the unpaid assessments against the grantor and such grantee shall not be liable for, nor shall the unit conveyed be subject to a lien for, any unpaid assessments in excess of the amount therein set forth. (1963, c. 685, s. 23.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 1 - Unit Ownership Act.
§ 47A-2 - Declaration creating unit ownership; recordation.
§ 47A-4 - Property subject to Article.
§ 47A-5 - Nature and incidents of unit ownership.
§ 47A-7 - Common areas and facilities not subject to partition or division.
§ 47A-8 - Use of common areas and facilities.
§ 47A-10 - Compliance with bylaws, regulations and covenants; damages; injunctions.
§ 47A-11 - Unit owners not to jeopardize safety of property or impair easements.
§ 47A-12 - Unit owners to contribute to common expenses; distribution of common profits.
§ 47A-13 - Declaration creating unit ownership; contents; recordation.
§ 47A-14.1 - Deeds conveying units.
§ 47A-16 - Termination of unit ownership; consent of lienholders; recordation of instruments.
§ 47A-17 - Termination of unit ownership; no bar to reestablishment.
§ 47A-18 - Bylaws; annexed to declaration; amendments.
§ 47A-20 - Records of receipts and expenditures; availability for examination; annual audit.
§ 47A-21 - Units taxed separately.
§ 47A-22 - Liens for unpaid common expenses; recordation; priorities; foreclosure.
§ 47A-23 - Liability of grantor and grantee of unit for unpaid common expenses.
§ 47A-24 - Insurance on property; right to insure units.
§ 47A-27 - Zoning regulations governing condominium projects.