reglab/housing_qa huggingface dataset:
NC Gen Stat § 47C-4-110 (2021)
2021 North Carolina General Statutes|Chapter 47C - North Carolina Condominium Act|Article 4 - Protection of Purchasers.|§ 47C-4-110 - Escrow of deposits.

 47C-4-110. Escrow of deposits.(a) Any deposit made in connection with the purchase or reservation of a unit from a person required to deliver a public offering statement pursuant to G.S. 47C-4-102(c) shall be immediately deposited in a trust or escrow account in a federally insured depository institution or a trust institution authorized to do business in this State and shall remain in the account for such period of time as a purchaser is entitled to cancel pursuant to G.S. 47C-4-108 or cancellation by the purchaser thereunder whichever occurs first. Payments held in such trust or escrow accounts shall be deemed to belong to the purchaser and not the seller.(b) Except as provided in G.S. 47C-4-108, nothing in subsection (a) is intended to preclude the parties to a contract from providing for the use of progress payments by the declarant during construction.  (1985 (Reg. Sess., 1986), c. 877, s. 1; 2015-93, s. 1; 2017-25, s. 2(c).)
NC Gen Stat § 47C-4-111 (2021)
2021 North Carolina General Statutes|Chapter 47C - North Carolina Condominium Act|Article 4 - Protection of Purchasers.|§ 47C-4-111 - Release of liens or encumbrances.

 47C-4-111. Release of liens or encumbrances.(a) In the case of a sale of a unit where delivery of a public offering statement is required pursuant to G.S. 47C-4-102(c), a seller shall, at or before conveying a unit, record or furnish to the purchaser, releases of all liens or encumbrances affecting that unit and its common element interest which the purchaser does not expressly agree to take subject to or assume, or shall provide a surety bond or substitute collateral for or insurance against the lien or encumbrance as provided for liens or encumbrances on real estate in G.S. 44A-16(5) and (6) or insurance against the lien or encumbrance acceptable to the purchaser. This subsection does not apply to any real estate which a declarant has the right to withdraw.(b) Before conveying real estate to the association the declarant shall have that real estate released from: (1) all liens or encumbrances the foreclosure of which would deprive unit owners of any right of access to or easement of support of their units, and (2) all other liens or encumbrances on that real estate unless the public offering statement describes certain real estate which may be conveyed subject to liens or encumbrances in specified amounts. (1985 (Reg. Sess., 1986), c. 877, s. 1.)
NC Gen Stat § 47C-4-113 (2021)
2021 North Carolina General Statutes|Chapter 47C - North Carolina Condominium Act|Article 4 - Protection of Purchasers.|§ 47C-4-113 - Express warranties of quality.

 47C-4-113. Express warranties of quality.The law relating to express warranties is applicable to the sale of a condominium unit and supplements the provisions of this chapter; provided, however, that the existence of express warranties shall not constitute a disclaimer of implied warranties. (1985 (Reg. Sess., 1986), c. 877, s. 1.)
NC Gen Stat § 47C-4-114 (2021)
2021 North Carolina General Statutes|Chapter 47C - North Carolina Condominium Act|Article 4 - Protection of Purchasers.|§ 47C-4-114 - Implied warranties of quality.

 47C-4-114. Implied warranties of quality.The law relating to implied warranties, including but not limited to, implied warranties that the premises are free from defective materials, constructed in a workmanlike manner, constructed according to sound engineering and construction standards and that the premises may be used for a particular purpose, is applicable to the sale of a condominium unit and supplements the provisions of this chapter. (1985 (Reg. Sess., 1986), c. 877, s. 1.)
NC Gen Stat § 47C-4-115 (2021)
2021 North Carolina General Statutes|Chapter 47C - North Carolina Condominium Act|Article 4 - Protection of Purchasers.|§ 47C-4-115 - Exclusion of modification of implied warranties of quality.

 47C-4-115. Exclusion of modification of implied warranties of quality.(a) Except as limited by subsection (b) with respect to a purchaser of a unit that may be used for residential use, implied warranties of quality:(1) May be excluded or modified by agreement of the parties; and(2) Are excluded by expression of disclaimer, such as "as is," "with all faults," or other language which in common understanding calls the buyer's attention to the exclusion of warranties.(b) With respect to a purchaser of a unit that may be occupied for residential use, no general disclaimer of implied warranties of quality is effective, but a declarant and any person in the business of selling real estate for his own account may disclaim liability in an instrument signed by the purchaser for a specified defect or specified failure to comply with applicable law, if the defect or failure entered into and became a part of the basis of the bargain. (1985 (Reg. Sess., 1986), c. 877, s. 1.)
NC Gen Stat § 47C-4-116 (2021)
2021 North Carolina General Statutes|Chapter 47C - North Carolina Condominium Act|Article 4 - Protection of Purchasers.|§ 47C-4-116 - Statute of limitations for warranties.

 47C-4-116. Statute of limitations for warranties.(a) A judicial proceeding for breach of any obligation arising under G.S. 47C-4-113 or 47C-4-114 must be commenced within the applicable period of limitations set out in Chapter 1 of the North Carolina General Statutes.(b) If a warranty of quality explicitly extends to future performance or duration of any improvement or component of the condominium, the cause of action accrues at the time the breach is discovered or at the end of the period for which the warranty explicitly extends, whichever is earlier. (1985 (Reg. Sess., 1986), c. 877, s. 1.)
NC Gen Stat § 47C-4-117 (2021)
2021 North Carolina General Statutes|Chapter 47C - North Carolina Condominium Act|Article 4 - Protection of Purchasers.|§ 47C-4-117 - Effect of violations on rights of action; attorney's fees.

 47C-4-117. Effect of violations on rights of action; attorney's fees.If a declarant or any other person subject to this chapter fails to comply with any provision hereof or any provision of the declaration or bylaws, any person or class of person adversely affected by that failure has a claim for appropriate relief. The court may award reasonable attorney's fees to the prevailing party. (1985 (Reg. Sess., 1986), c. 877, s. 1.)
NC Gen Stat § 47C-4-118 (2021)
2021 North Carolina General Statutes|Chapter 47C - North Carolina Condominium Act|Article 4 - Protection of Purchasers.|§ 47C-4-118 - Labeling of promotional material.

 47C-4-118. Labeling of promotional material.If any improvement contemplated in a condominium is labeled "NEED NOT BE BUILT" on a plat or plan, or is to be located within a portion of the condominium with respect to which the declarant has reserved a development right, no promotional material may be displayed or delivered to prospective purchasers which describes or portrays that improvement unless the description or portrayal of the improvement in the promotional material is conspicuously labeled or identified as "NEED NOT BE BUILT". (1985 (Reg. Sess., 1986), c. 877, s. 1.)
NC Gen Stat § 47C-4-119 (2021)
2021 North Carolina General Statutes|Chapter 47C - North Carolina Condominium Act|Article 4 - Protection of Purchasers.|§ 47C-4-119 - Declarant's obligation to complete.

 47C-4-119. Declarant's obligation to complete.(a) The declarant shall complete all improvements labeled "MUST BE BUILT" on plats or plans prepared pursuant to G.S. 47C-2-109.(b) The declarant is subject to liability for the prompt repair and restoration, to a condition compatible with the remainder of the condominium, of any portion of the condominium affected by the exercise of rights reserved pursuant to or created by G.S. 47C-2-110, 47C-2-111, 47C-2-112, 47C-2-113, 47C-2-115, and 47C-2-116. (1985 (Reg. Sess., 1986), c. 877, s. 1.)
NC Gen Stat § 47C-4-120 (2021)
2021 North Carolina General Statutes|Chapter 47C - North Carolina Condominium Act|Article 4 - Protection of Purchasers.|§ 47C-4-120 - Substantial completion of units.

 47C-4-120. Substantial completion of units.In the case of a sale of a unit where delivery of a public offering statement is required, a contract of sale may be executed, but no interest in that unit may be conveyed until the declaration is recorded and the unit is substantially completed, as evidenced by a recorded certificate of substantial completion executed by an architect licensed under the provisions of Chapter 83 [83A] of the General Statutes or an engineer registered under the provisions of Chapter 89C of the General Statutes, or by issuance of a certificate of occupancy authorized by law. (1985 (Reg. Sess., 1986), c. 877, s. 1.)
NC Gen Stat § 47F-1-101 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 1 - General Provisions.|§ 47F-1-101 - Short title.

 47F-1-101. Short title.This Chapter shall be known and may be cited as the North Carolina Planned Community Act. (1998-199, s. 1.)
NC Gen Stat § 47F-1-104 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 1 - General Provisions.|§ 47F-1-104 - Variation.

 47F-1-104. Variation.(a) Except as specifically provided in specific sections of this Chapter, the provisions of this Chapter may not be varied by the declaration or bylaws. To the extent not inconsistent with the provisions of this Chapter, the declaration, bylaws, and articles of incorporation form the basis for the legal authority for the planned community to act as provided in the declaration, bylaws, and articles of incorporation, and the declaration, bylaws, and articles of incorporation are enforceable by their terms.(b) The provisions of this Chapter may not be varied by agreement; however, after breach of a provision of this Chapter, rights created hereunder may be knowingly waived in writing.(c) Notwithstanding any of the provisions of this Chapter, a declarant may not act under a power of attorney or proxy or use any other device to evade the limitations or prohibitions of this Chapter, the declaration, or the bylaws.  (1998-199, s. 1; 2013-34, s. 3.)
NC Gen Stat § 47F-1-105 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 1 - General Provisions.|§ 47F-1-105 - Taxation.

 47F-1-105. Taxation.Extraterritorial common property taxed pursuant to G.S. 105-277.8 shall be assessed, pro rata, among the lot owners based on the number of lots in the association.  (2012-157, s. 3.)
NC Gen Stat § 47F-1-106 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 1 - General Provisions.|§ 47F-1-106 - Applicability of local ordinances, regulations, and building codes.

 47F-1-106. Applicability of local ordinances, regulations, and building codes.A zoning, subdivision, or building code or other real estate use law, ordinance, or regulation may not prohibit a planned community or impose any requirement upon a planned community which it would not impose upon a substantially similar development under a different form of ownership or administration. Otherwise, no provision of this Chapter invalidates or modifies any provision of any zoning, subdivision, or building code or any other real estate use law, ordinance, or regulation. No local ordinance or regulation may require the recordation of a declaration prior to the date required by this Chapter. (1998-199, s. 1.)
NC Gen Stat § 47F-1-107 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 1 - General Provisions.|§ 47F-1-107 - Eminent domain.

 47F-1-107. Eminent domain.(a) If a lot is acquired by eminent domain, or if part of a lot is acquired by eminent domain leaving the lot owner with a remnant which may not practically or lawfully be used for any purpose permitted by the declaration, the award shall compensate the lot owner for his lot and its interest in the common element. Upon acquisition, unless the decree otherwise provides, the lot's allocated interests are automatically reallocated to the remaining lots in proportion to the respective allocated interests of those lots before the taking, exclusive of the lot taken.(b) Except as provided in subsection (a) of this section, if part of a lot is acquired by eminent domain, the award shall compensate the lot owner for the reduction in value of the lot. Upon acquisition, unless the decree otherwise provides, (i) that lot's allocated interests are reduced in proportion to the reduction in the size of the lot, or on any other basis specified in the declaration, and (ii) the portion of the allocated interests divested from the partially acquired lot are automatically reallocated to that lot and the remaining lots in proportion to the respective allocated interests of those lots before the taking, with the partially acquired lot participating in the reallocation on the basis of its reduced allocated interests.(c) If there is any reallocation under subsection (a) or (b) of this section, the association shall promptly prepare, execute, and record an amendment to the declaration reflecting the reallocations. Any remnant of a lot remaining after part of a lot is taken under this subsection is thereafter a common element.(d) If part of the common elements is acquired by eminent domain, the portion of the award attributable to the common elements taken shall be paid to the association. Unless the declaration provides otherwise, any portion of the award attributable to the acquisition of a limited common element shall be apportioned among the owners of the lots to which that limited common element was allocated at the time of acquisition based on their allocated interest in the common elements before the taking.(e) The court decree shall be recorded in every county in which any portion of the planned community is located. (1998-199, s. 1.)
NC Gen Stat § 47F-1-108 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 1 - General Provisions.|§ 47F-1-108 - Supplemental general principles of law applicable.

 47F-1-108. Supplemental general principles of law applicable.The principles of law and equity as well as other North Carolina statutes (including the provisions of the North Carolina Nonprofit Corporation Act) supplement the provisions of this Chapter, except to the extent inconsistent with this Chapter. When these principles or statutes are inconsistent or conflict with this Chapter, the provisions of this Chapter will control. (1998-199, s. 1.)
NC Gen Stat § 47F-2-101 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 2 - Creation, Alteration, and Termination of Planned Communities.|§ 47F-2-101 - Creation of the planned community.

 47F-2-101. Creation of the planned community.A declaration creating a planned community shall be executed in the same manner as a deed and shall be recorded in every county in which any portion of the planned community is located.  (1998-199, s. 1; 2012-18, s. 1.7.)
NC Gen Stat § 47F-2-103 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 2 - Creation, Alteration, and Termination of Planned Communities.|§ 47F-2-103 - Construction and validity of declaration and bylaws.

 47F-2-103. Construction and validity of declaration and bylaws.(a) To the extent not inconsistent with the provisions of this Chapter, the declaration, bylaws, and articles of incorporation form the basis for the legal authority for the planned community to act as provided in the declaration, bylaws, and articles of incorporation, and the declaration, bylaws, and articles of incorporation are enforceable by their terms. All provisions of the declaration and bylaws are severable.(b) The rule against perpetuities may not be applied to defeat any provision of the declaration, bylaws, rules, or regulations adopted pursuant to G.S. 47F-3-102(1).(c) In the event of a conflict between the provisions of the declaration and the bylaws, the declaration prevails except to the extent the declaration is inconsistent with this Chapter.(d) Title to a lot and common elements is not rendered unmarketable or otherwise affected by reason of an insubstantial failure of the declaration to comply with this Chapter. Whether a substantial failure to comply with this Chapter impairs marketability shall be determined by the law of this State relating to marketability.  (1998-199, s. 1; 2013-34, s. 4.)
NC Gen Stat § 47F-2-117 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 2 - Creation, Alteration, and Termination of Planned Communities.|§ 47F-2-117 - Amendment of declaration.

 47F-2-117. Amendment of declaration.(a) Except in cases of amendments that may be executed by a declarant under the terms of the declaration or by certain lot owners under G.S. 47F-2-118(b), the declaration may be amended only by affirmative vote or written agreement signed by lot owners of lots to which at least sixty-seven percent (67%) of the votes in the association are allocated, or any larger majority the declaration specifies or by the declarant if necessary for the exercise of any development right. The declaration may specify a smaller number only if all of the lots are restricted exclusively to nonresidential use.(b) No action to challenge the validity of an amendment adopted pursuant to this section may be brought more than one year after the amendment is recorded.(c) Every amendment to the declaration shall be recorded in every county in which any portion of the planned community is located and is effective only upon recordation.(d) Any amendment passed pursuant to the provisions of this section or the procedures provided for in the declaration are presumed valid and enforceable.(e) Amendments to the declaration required by this Chapter to be recorded by the association shall be prepared, executed, recorded, and certified in accordance with G.S. 47-41.01 or G.S. 47-41.02.  (1998-199, s. 1; 2012-18, s. 1.8; 2013-34, s. 5; 2019-177, s. 4.3.)
NC Gen Stat § 47F-2-120 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 2 - Creation, Alteration, and Termination of Planned Communities.|§ 47F-2-120 - Master associations.

 47F-2-120. Master associations.If the declaration for a planned community provides that any of the powers described in G.S. 47F-3-102 are to be exercised by or may be delegated to a profit or nonprofit corporation which exercises those or other powers on behalf of one or more other planned communities or for the benefit of the lot owners of one or more other planned communities, all provisions of this act applicable to lot owners' associations apply to any such corporation. (1998-199, s. 1.)
NC Gen Stat § 47F-2-121 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 2 - Creation, Alteration, and Termination of Planned Communities.|§ 47F-2-121 - Merger or consolidation of planned communities.

 47F-2-121. Merger or consolidation of planned communities.(a) Any two or more planned communities, by agreement of the lot owners as provided in subsection (b) of this section, may be merged or consolidated into a single planned community. In the event of a merger or consolidation, unless the agreement otherwise provides, the resultant planned community is, for all purposes, the legal successor of all of the preexisting planned communities, and the operations and activities of all associations of the preexisting planned communities shall be merged or consolidated into a single association which shall hold all powers, rights, obligations, assets, and liabilities of all preexisting associations.(b) An agreement of two or more planned communities to merge or consolidate pursuant to subsection (a) of this section shall be evidenced by an agreement prepared, executed, recorded, and certified by the president of the association of each of the preexisting planned communities following approval by owners of lots to which are allocated the percentage of votes in each planned community required to terminate that planned community. Any such agreement shall be recorded in every county in which a portion of the planned community is located and is not effective until recorded.(c) Every merger or consolidation agreement shall provide for the reallocation of the allocated interests in the new association among the lots of the resultant planned community either (i) by stating the reallocations or the formulas upon which they are based or (ii) by stating the percentage of overall common expense liabilities and votes in the new association which are allocated to all of the lots comprising each of the preexisting planned communities, and providing that the portion of the percentages allocated to each lot formerly comprising a part of the preexisting planned community shall be equal to the percentages of common expense liabilities and votes in the association allocated to that lot by the declaration of the preexisting planned community. (1998-199, s. 1.)
NC Gen Stat § 47F-3-101 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 3 - Management of Planned Community.|§ 47F-3-101 - Organization of owners' association.

 47F-3-101. Organization of owners' association.A lot owners' association shall be incorporated no later than the date the first lot in the planned community is conveyed. The membership of the association at all times shall consist exclusively of all the lot owners or, following termination of the planned community, of all persons entitled to distributions of proceeds under G.S. 47F-2-118. Every association created after the effective date of this Chapter shall be organized as a nonprofit corporation. (1998-199, s. 1.)
NC Gen Stat § 47F-3-105 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 3 - Management of Planned Community.|§ 47F-3-105 - Termination of contracts and leases of declarant.

 47F-3-105. Termination of contracts and leases of declarant.If entered into before the executive board elected by the lot owners pursuant to G.S. 47F-3-103(e) takes office, any contract or lease affecting or related to the planned community that is not bona fide or was unconscionable to the lot owners at the time entered into under the circumstances then prevailing, may be terminated without penalty by the association at any time after the executive board elected by the lot owners pursuant to G.S. 47F-3-103(e) takes office upon not less than 90 days' notice to the other party. (1998-199, s. 1.)
NC Gen Stat § 47F-3-106 (2021)
2021 North Carolina General Statutes|Chapter 47F - North Carolina Planned Community Act|Article 3 - Management of Planned Community.|§ 47F-3-106 - Bylaws.

 47F-3-106. Bylaws.(a) The bylaws of the association shall provide for:(1) The number of members of the executive board and the titles of the officers of the association;(2) Election by the executive board of officers of the association;(3) The qualifications, powers and duties, terms of office, and manner of electing and removing executive board members and officers and filling vacancies;(4) Which, if any, of its powers the executive board or officers may delegate to other persons or to a managing agent;(5) Which of its officers may prepare, execute, certify, and record amendments to the declaration on behalf of the association; and(6) The method of amending the bylaws.(b) The bylaws may provide for any other matters the association deems necessary and appropriate. (1998-199, s. 1.)