93A-60. Substantial compliance.
If a developer or managing entity has otherwise substantially complied with this Article, any nonmaterial errors or omissions shall not be the basis for any claims or defenses asserted by the purchaser; provided, however, that for purposes of this section, the developer or managing entity shall have the burden of proof. (2021-163, s. 1(c); 2021-192, s. 5(a).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 93A - Real Estate License Law
§ 93A-40 - Registration required of timeshare programs; real estate license required.
§ 93A-42 - Timeshare estates deemed real estate; timeshare uses.
§ 93A-42.1 - Construction and validity of declarations adopted prior to the Timeshare Act.
§ 93A-44 - Contract of sale; public offering statement.
§ 93A-45 - Purchaser's right to cancel; escrow; violation.
§ 93A-49 - Service of process on exchange company.
§ 93A-50 - Securities laws apply.
§ 93A-51 - Rule-making authority.
§ 93A-53 - Register of applicants; roster of registrants; financial report to Secretary of State.
§ 93A-54 - Disciplinary action by Commission.
§ 93A-55 - Private enforcement.
§ 93A-56 - Penalty for violation of Article.
§ 93A-57 - Release of liens or subordination and notice to creditors instrument.
§ 93A-58 - Registrar required; criminal penalties; program broker.
§ 93A-59 - Preservation of an owner's claims and defenses.
§ 93A-60 - Substantial compliance.
§ 93A-62 - Delinquent assessments; developer guarantee.
§ 93A-63 - Reservation systems.
§ 93A-64 - Multisite timeshare program additions, substitutions, and deletions.
§ 93A-65 - Resale purchase contracts; prohibition against advance listing fee.
§ 93A-66 - Record keeping by resale service providers, transfer service providers, and lead dealers.
§ 93A-67 - Resale service providers.
§ 93A-68 - Timeshare transfer services.