N.C.G.S. §47F-3-102
North Carolina Planned Community Act — Association Powers
Defines the powers of the lot owners' association, including authority to levy assessments, adopt rules, impose fines, grant easements, manage common elements, and charge reasonable fees for preparation of transfer-related documents. Unlike the Condominium Act, the Planned Community Act does not require a formal resale certificate.
Disclosure
| Ref | Requirement |
|---|---|
| Unlike the Condominium Act, the Planned Community Act does not require a formal resale certificate. |
Governance
| Ref | Requirement |
|---|---|
| Defines the powers of the lot owners' association, including authority to levy assessments, adopt rules, impose fines, grant easements, manage common elements, and charge reasonable fees for preparation of transfer-related documents. |
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Legal references last verified April 15, 2026.
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