Offering statement
- Statute:
- North Carolina §47A-35 · Chapter 47A (Unit Ownership Act (pre-1986 condos))
- Topic:
- Records & Disclosure · Tenant offering statement
- Applies to:
- Condo associations
A developer converting an occupied building must give each tenant an offering statement with the disclosures this section requires before asking the tenant to vacate or to buy.
📄 Read the official text at ncleg.gov →
How SoShiny helps with Offering statement
SoShiny gives every owner instant, permissioned access to the official records this statute requires — searchable, audit-logged, and exportable for state inspections. The records survive every board turnover because they live in one place, not in someone's inbox.
See the feature → Start freeFrequently asked
- What does North Carolina §47A-35 require?
- A developer converting an occupied building must give each tenant an offering statement with the disclosures this section requires before asking the tenant to vacate or to buy.
- Who does North Carolina §47A-35 apply to?
- North Carolina §47A-35 applies to Condo associations in North Carolina.
- What happens if our pre-1986 condo doesn't comply with §47A-35?
- Non-compliance can expose the association and individual directors to disputes in the governing forum for North Carolina community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
- Where can I read the official text of North Carolina §47A-35?
- The official text is published by the North Carolina General Assembly at ncleg.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Offering statement?
- SoShiny gives every owner instant, permissioned access to the official records this statute requires — searchable, audit-logged, and exportable for state inspections. The records survive every board turnover because they live in one place, not in someone's inbox. Learn more →
Not legal advice. This page is a plain-English summary of North Carolina §47A-35 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a North Carolina-licensed attorney. For the official statutory text, see the link above.
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