There is a newer version of the North Carolina General Statutes
2005 North Carolina Code - General Statutes § 47-120. Memorandum as notice.
§ 47‑120. Memorandum as notice.
Such memorandum of an option to purchase real estate, or lease as proposed by G.S. 47‑118 or 47‑119, when executed, acknowledged, delivered and registered as required by law, shall be as good and sufficient notice, and have the same force and effect as if the written lease or option to purchase real estate had been registered in its entirety. (1961, c. 1174.)
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