§ 47A-1 Short title
§ 47A-2 Declaration creating unit ownership; recordation
§ 47A-3 Definitions
§ 47A-4 Property subject to Article
§ 47A-5 Nature and incidents of unit ownership
§ 47A-6 Undivided interests in common areas and facilities; ratio fixed in declaration; conveyance with unit
§ 47A-7 Common areas and facilities not subject to partition or division
§ 47A-8 Use of common areas and facilities
§ 47A-9 Maintenance, repair and improvements to common areas and facilities; access to units for repairs
§ 47A-10 Compliance with bylaws, regulations and covenants; damages; injunctions
§ 47A-11 Unit owners not to jeopardize safety of property or impair easements
§ 47A-12 Unit owners to contribute to common expenses; distribution of common profits
§ 47A-13 Declaration creating unit ownership; contents; recordation
§ 47A-14.1 Deeds conveying units
§ 47A-15 Plans of building to be attached to declaration; recordation; certificate of architect or engineer
§ 47A-16 Termination of unit ownership; consent of lienholders; recordation of instruments
§ 47A-17 Termination of unit ownership; no bar to reestablishment
§ 47A-18 Bylaws; annexed to declaration; amendments
§ 47A-19 Bylaws; contents
§ 47A-20 Records of receipts and expenditures; availability for examination; annual audit
§ 47A-21 Units taxed separately
§ 47A-22 Liens for unpaid common expenses; recordation; priorities; foreclosure
§ 47A-23 Liability of grantor and grantee of unit for unpaid common expenses
§ 47A-24 Insurance on property; right to insure units
§ 47A-25 Damage to or destruction of property; repair or restoration; partition sale on resolution not to restore
§ 47A-26 Actions as to common interests; service of process on designated agent; exhaustion of remedies against association
§ 47A-27 Zoning regulations governing condominium projects
§ 47A-28 Persons subject to Article, declaration and bylaws; effect of decisions of association of unit owners
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Terms Used In North Carolina General Statutes > Chapter 47A > Article 1 - Unit Ownership Act

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • 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
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Grantor: The person who establishes a trust and places property into it.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • 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.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • 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.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • 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
  • Trustee: A person or institution holding and administering property in trust.