146-27. The role of the Department of Administration in sales, leases, and rentals. (a) General. – Every sale, lease, rental, or gift of land owned by the State or by any State agency shall be made by the Department of Administration and approved by the Governor and Council of State. A lease or rental of […]
146-28. Agency must file application with Department; Department must investigate. Any State agency desiring to sell, lease, or rent any land owned by the State or by any State agency shall file with the Department of Administration an application setting forth the facts relating to the proposed transaction, and shall furnish the Department with such […]
146-29. Procedure for sale, lease, or rental. (a) General Procedure. – If, after investigation, the Department of Administration determines that it is in the best interest of the State that land be sold, leased, or rented, the Department shall proceed with its sale, lease, or rental, as the case may be, in accordance with rules […]
146-29.1. Lease or sale of real property for less than fair market value. (a) Real property owned by the State or any State agency may not be sold, leased, or rented at less than fair market value to any private entity that operates, or is established to operate for profit. (b) Real property owned by […]
146-29.2. Lease or interest in real property for communication purposes. (a) The following definitions apply in this section: (1) Antenna. – Communications equipment that transmits, receives, or transmits and receives electromagnetic radio signals used in the provision of all types of wireless communications services. (1a) Applicable codes. – The North Carolina State Building Code and […]
146-30. Application of net proceeds. (a) The net proceeds of any disposition made in accordance with this Subchapter shall be handled in accordance with the following priority: (1) First, in accordance with the provisions of any trust or other instrument of title whereby title to real property was acquired. (2) Second, as provided by any […]
146-30.1. Application of net proceeds of disposition or use of real property allocated to the 4-H Camping Program. (a) Limitation. – Notwithstanding G.S. 146-30 or any other provision of law, and subject to the limitations contained in any applicable deed, the net proceeds of any disposition of, use of, or activity on real property allocated […]
146-30.2. Calculation of net proceeds from the sale of State-owned real property located outside the State Capitol area. (a) Limitation. – Notwithstanding G.S. 146-30 or any other provision of law, net proceeds from the sale of State-owned real property that is located outside of the State Capitol area shall be calculated in accordance with this […]
