North Carolina § 47F-3-116 - 1. Validation of certain nonjudicial foreclosure proceedings and sales.
Full text of North Carolina North Carolina General Statutes § 47F-3-116 — 1. Validation of certain nonjudicial foreclosure proceedings and sales., with citation guidance and answers to common questions.
§ 47F-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 or provisions contained in the declaration of the planned community, are declared to be valid, unless an action to set aside the foreclosure is commenced on or before October 1, 2013, or within one year after the date of the sale, whichever occurs last. History (2013-202, s. 4.) Editor's Note. - Session Laws 2013-202, s. 5, provides, "This act becomes effective October 1, 2013. Nothing in Section 2 [which enacted G.S. 47C-3-116 .1] or Section 4 [which enacted G.S. 47F-3-116 .1] of this act shall be construed as being applicable to or affecting any pending litigation."
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 47F-3-116
What does North Carolina General Statutes § 47F-3-116 cover?
Section 47F-3-116 ("1. Validation of certain nonjudicial foreclosure proceedings and sales.") 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 § 47F-3-116?
A common citation format is "North Carolina General Statutes § 47F-3-116" (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 § 47F-3-116 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.