§ 47F-3-104. Transfer of special declarant rights. - North Carolina Statutes

§ 47F‑3‑104. Transfer of special declarant rights.

Except for transfer ofdeclarant rights pursuant to foreclosure, no special declarant right (G.S. 47F‑1‑103(28))may be transferred except by an instrument evidencing the transfer recorded inevery county in which any portion of the planned community is located. Theinstrument is not effective unless executed by the transferee. (1998‑199,s. 1.)