§ 160A-265 Use and disposal of property
§ 160A-266 Methods of sale; limitation
§ 160A-267 Private sale
§ 160A-268 Advertisement for sealed bids
§ 160A-269 Negotiated offer, advertisement, and upset bids
§ 160A-270 Public auction
§ 160A-271 Exchange of property
§ 160A-272 Lease or rental of property
§ 160A-272.1 Lease of utility or enterprise property
§ 160A-273 Grant of easements
§ 160A-274 Sale, lease, exchange and joint use of governmental property
§ 160A-275 Warranty deeds
§ 160A-276 Sale of stocks, bonds, and other securities
§ 160A-277 Sale of land to volunteer fire departments and rescue squads; procedure
§ 160A-278 Lease of land for housing
§ 160A-279 Sale of property to entities carrying out a public purpose; procedure
§ 160A-280 Donations of personal property to other governmental units

Terms Used In North Carolina General Statutes > Chapter 160A > Article 12 - Sale and Disposition of Property

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Charter: means the entire body of local acts currently in force applicable to a particular city, including articles of incorporation issued to a city by an administrative agency of the State, and any amendments thereto adopted pursuant to 1917 Public Laws, Chapter 136, Subchapter 16, Part VIII, sections 1 and 2, or Article 5, Part 4, of this Chapter. See North Carolina General Statutes 160A-1
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Council: means the governing board of a city. See North Carolina General Statutes 160A-1
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Donor: The person who makes a gift.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
  • Fraud: Intentional deception resulting in injury to another.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Personal property: All property that is not real property.
  • personal property: shall include moneys, goods, chattels, choses in action and evidences of debt, including all things capable of ownership, not descendable to heirs at law. See North Carolina General Statutes 12-3
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
  • United States: shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3