Allocation of common element, interests, votes, and common expense liabilities
- Statute:
- North Carolina §47C-2-107 · Chapter 47C (North Carolina Condominium Act)
- Topic:
- Ownership · Allocated interests
- Applies to:
- Condo associations
The declaration allocates to each unit an undivided interest in the common elements, a share of common-expense liability, and votes in the association. The formula must be stated; allocations cannot be changed except as this Chapter allows.
📄 Read the official text at ncleg.gov →
How SoShiny helps with Allocation of common element, interests, votes, and common expense liabilities
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 §47C-2-107 require?
- The declaration allocates to each unit an undivided interest in the common elements, a share of common-expense liability, and votes in the association. The formula must be stated; allocations cannot be changed except as this Chapter allows.
- Who does North Carolina §47C-2-107 apply to?
- North Carolina §47C-2-107 applies to Condo associations in North Carolina.
- What happens if our condo doesn't comply with §47C-2-107?
- 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 §47C-2-107?
- 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 Allocation of common element, interests, votes, and common expense liabilities?
- 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 §47C-2-107 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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