North Carolina § 54B-152 - Real property encumbrances.
Full text of North Carolina North Carolina General Statutes § 54B-152 — Real property encumbrances., with citation guidance and answers to common questions.
§ 54B-152. Real property encumbrances.
Real property is deemed unencumbered within the meaning of this Chapter unless the security instrument thereon establishes a first lien upon such real property or interest therein. Notwithstanding the provisions of the immediately preceding subsection, real property is not deemed encumbered within the meaning of this Chapter merely by reason of the existence of: An instrument reserving a right-of-way, sewer rights, or rights in wells; or Building restrictions or other restrictive covenants; or A lease under which rents or profits are reserved by the owner; or Current taxes or assessments not yet payable; or Other encumbrances which, in accordance with sound lending practices in the locality, are not regarded as constituting defects in title to real property. History (1981, c. 282, s. 3; 1999-179, s. 1.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 54B-152
What does North Carolina General Statutes § 54B-152 cover?
Section 54B-152 ("Real property encumbrances.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 54B-152?
A common citation format is "North Carolina General Statutes § 54B-152" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 54B-152 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.