North Carolina § 47C-4-105 - Same; time share.
Full text of North Carolina North Carolina General Statutes § 47C-4-105 — Same; time share., with citation guidance and answers to common questions.
§ 47C-4-105. Same; time share.
If the declaration provides that ownership or occupancy of any units are or may be owned in time shares, the public offering statement shall disclose, in addition to the information required by G.S. 47C-4-103: The number and identity of units in which time shares may be created; The total number of time shares that may be created; The minimum duration of any time shares which may be created; and The extent to which the creation of time shares will or may affect the enforceability of the association's lien for assessments provided in G.S. 47C-3-116. The provisions of subsection (a) apply to all purchasers of units in the condominium. In addition, the purchaser of time shares shall receive the information required by G.S. 93A-44. History (1985 (Reg. Sess., 1986), c. 877, s. 1.)
Frequently Asked Questions About North Carolina § 47C-4-105
What does North Carolina General Statutes § 47C-4-105 cover?
Section 47C-4-105 ("Same; time share.") 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 § 47C-4-105?
A common citation format is "North Carolina General Statutes § 47C-4-105" (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 § 47C-4-105 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.