Resales of units
- Statute:
- North Carolina §47C-4-109 · Chapter 47C (North Carolina Condominium Act)
- Topic:
- Records & Disclosure · Resale statement
- Applies to:
- Condo associations
Except where a public offering statement is required, a selling unit owner must give a prospective purchaser, before conveyance, a statement of the monthly common-expense assessment and any other fees payable by unit owners. That is the statutory resale packet — thinner than Florida's estoppel or California's transfer disclosure.
📄 Read the official text at ncleg.gov →
How SoShiny helps with Resales of units
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 §47C-4-109 require?
- Except where a public offering statement is required, a selling unit owner must give a prospective purchaser, before conveyance, a statement of the monthly common-expense assessment and any other fees payable by unit owners. That is the statutory resale packet — thinner than Florida's estoppel or California's transfer disclosure.
- Who does North Carolina §47C-4-109 apply to?
- North Carolina §47C-4-109 applies to Condo associations in North Carolina.
- What happens if our condo doesn't comply with §47C-4-109?
- 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-4-109?
- 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 Resales of units?
- 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 §47C-4-109 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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