North Carolina § 45-90 - Definitions.
Full text of North Carolina North Carolina General Statutes § 45-90 — Definitions., with citation guidance and answers to common questions.
§ 45-90. Definitions.
As used in this Article, the following definitions apply: Home loan. - A loan secured by real property located in this State used, or intended to be used, by an individual borrower or individual borrowers in this State as a dwelling, regardless of whether the loan is used to purchase the property or refinance the prior purchase of the property or whether the proceeds of the loan are used for personal, family, or business purposes. Servicer. - A "servicer" as defined in the Real Estate Settlement Procedures Act, 12 U.S.C. § 2605(i). A licensed attorney, who in the practice of law or performing as a trustee, accepts payments related to a loan closing, default, foreclosure, or settlement of a dispute or legal claim related to a loan, shall not be considered a servicer for the purposes of this Article. History (2007-351, s. 5.) Editor's Note. - The sections in Article 10 have been renumbered at the direction of the Revisor of Statutes, the section numbers in Session Laws 2007-351, s. 5, having been G.S. 45-85 to 45-90.
Frequently Asked Questions About North Carolina § 45-90
What does North Carolina General Statutes § 45-90 cover?
Section 45-90 ("Definitions.") 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 § 45-90?
A common citation format is "North Carolina General Statutes § 45-90" (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 § 45-90 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.