Nature and incidents of unit ownership
- Statute:
- North Carolina §47A-5 · Chapter 47A (Unit Ownership Act (pre-1986 condos))
- Topic:
- Ownership · Unit as real property
- Applies to:
- Condo associations
Each unit, together with its undivided interest in the common areas, is real property that can be owned, conveyed, and mortgaged like any other real estate, subject to this Article.
📄 Read the official text at ncleg.gov →
How SoShiny helps with Nature and incidents of unit ownership
SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees.
See the feature → Start freeFrequently asked
- What does North Carolina §47A-5 require?
- Each unit, together with its undivided interest in the common areas, is real property that can be owned, conveyed, and mortgaged like any other real estate, subject to this Article.
- Who does North Carolina §47A-5 apply to?
- North Carolina §47A-5 applies to Condo associations in North Carolina.
- What happens if our pre-1986 condo doesn't comply with §47A-5?
- 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-5?
- 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 Nature and incidents of unit ownership?
- SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees. Learn more →
Not legal advice. This page is a plain-English summary of North Carolina §47A-5 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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