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the North Carolina General Statutes
2011 North Carolina General Statutes
Chapter 47E Residential Property Disclosure Act.
47E-1. Applicability.
Universal Citation:
NC Gen Stat § 47E-1
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47E‑1. Applicability.
This Chapter applies to the following transfers of residential real property consisting of not less than one nor more than four dwelling units, whether or not the transaction is with the assistance of a licensed real estate broker or salesman:
(1) Sale or exchange,
(2) Installment land sales contract,
(3) Option, or
(4) Lease with option to purchase, except as provided in G.S. 47E‑2(10). (1995, c. 476, s. 1; 1997‑472, s. 5.)
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