§ 47C-3-115 – Assessments for common expense.
47C-3-115. Assessments for common expense. (a) Until the association makes a common expense assessment, the declarant shall pay all the common expenses. After any assessment has been made by the association, assessments thereafter must be made at least annually by the association. (b) Except for assessments under subsections (c), (d), and (e), all common expenses […]
§ 47C-3-116 – Lien for sums due the association; enforcement.
47C-3-116. Lien for sums due the association; enforcement. (a) Any assessment attributable to a unit which remains unpaid for a period of 30 days or longer shall constitute a lien on that unit when a claim of lien is filed of record in the office of the clerk of superior court of the county in […]
§ 47C-3-116.1 – Validation of certain nonjudicial foreclosure proceedings and sales.
47C-3-116.1. Validation of certain nonjudicial foreclosure proceedings and sales. All nonjudicial foreclosure proceedings commenced by an association before October 1, 2013, and all sales and transfers of real property as part of those proceedings pursuant to the provisions of this Chapter, Chapter 47A of the General Statutes, or provisions contained in the declaration of the […]
§ 47C-3-117 – Other liens affecting the condominium.
47C-3-117. Other liens affecting the condominium. (a) A judgment for money against the association is not a lien on the common elements, but if docketed is a lien in favor of the judgment lienholder against all of the units in the condominium at the time the judgment was entered. No other property of a unit […]
§ 47C-3-118 – Association records.
47C-3-118. Association records. (a) The association shall keep financial records sufficiently detailed to enable the association to comply with this chapter. All financial and other records, including records of meetings of the association and executive board, shall be made reasonably available for examination by any unit owner and the unit owner’s authorized agents as required […]
§ 47C-3-119 – Association as trustee.
47C-3-119. Association as trustee. With respect to a third person dealing with the association in the association’s capacity as a trustee under G.S. 47C-2-118 following termination or G.S. 47C-3-113 for insurance proceeds, the existence of trust powers and their proper exercise by the association may be assumed without inquiry. A third person is not bound […]
§ 47C-3-121 – American and State flags and political sign displays.
47C-3-121. American and State flags and political sign displays. Notwithstanding any provision in any declaration of covenants, no restriction on the use of land shall be construed to: (1) Regulate or prohibit the display of the flag of the United States or North Carolina, of a size no greater than four feet by six feet, […]
§ 47C-3-122 – Irrigation of landscaping.
47C-3-122. Irrigation of landscaping. Notwithstanding any provision in any declaration of covenants, no requirement to irrigate landscaping shall be construed to: (1) Require the irrigation of landscaping, during any period in which the U.S. Drought Monitor, as defined in G.S. 143-350, or the Secretary of Environmental Quality has designated an area in which the association […]
§ 47C-3-109 – Quorums.
47C-3-109. Quorums. (a) Unless the bylaws provide otherwise, a quorum is deemed present throughout any meeting of the association if persons entitled to cast twenty percent (20%) of the votes which may be cast for election of the executive board are present in person or by proxy at the beginning of the meeting. (b) Unless […]
§ 47C-3-110 – Voting; proxies.
47C-3-110. Voting; proxies. (a) If only one of the multiple owners of a unit is present at a meeting of the association, he is entitled to cast all the votes allocated to that unit. If more than one of the multiple owners are present, the votes allocated to that unit may be cast only in […]