47C-4-109. Resales of units.
Except in the case of a sale where delivery of a public offering statement is required, or unless exempt under G.S. 47C-4-101(b), a unit owner shall furnish to a prospective purchaser before conveyance a statement setting forth the monthly common expense assessment and any other fees payable by unit owners. (1985 (Reg. Sess., 1986), c. 877, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 47C - North Carolina Condominium Act
Article 4 - Protection of Purchasers.
§ 47C-4-101 - Applicability; waiver.
§ 47C-4-102 - Liability for public offering statement requirements.
§ 47C-4-103 - Public offering statement; general provisions.
§ 47C-4-104 - Same; condominiums subject to developmental rights.
§ 47C-4-105 - Same; time share.
§ 47C-4-106 - Conversion buildings.
§ 47C-4-107 - Same; condominium securities.
§ 47C-4-108 - Purchaser's right to cancel.
§ 47C-4-109 - Resales of units.
§ 47C-4-110 - Escrow of deposits.
§ 47C-4-111 - Release of liens or encumbrances.
§ 47C-4-113 - Express warranties of quality.
§ 47C-4-114 - Implied warranties of quality.
§ 47C-4-115 - Exclusion of modification of implied warranties of quality.
§ 47C-4-116 - Statute of limitations for warranties.
§ 47C-4-117 - Effect of violations on rights of action; attorney's fees.
§ 47C-4-118 - Labeling of promotional material.