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NC H227
Bill
Status
3/5/2013
Primary Sponsor
Kenneth Brandon
Click for details
AI Summary
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Authorizes counties and cities to petition superior court to appoint a receiver for vacant buildings, structures, or dwellings when owners fail to comply with rehabilitation or demolition orders.
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Receiver has authority to rehabilitate, demolish, or sell vacant properties and may contract for labor, borrow money using the property as security, manage the property for up to two years, and foreclose on the receiver's lien.
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Receiver's lien for expenses has priority over all other liens except taxes and government assessments; property may be sold at public auction or private sale following mortgage foreclosure notice procedures.
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Counties and cities may charge property owners a $100 administrative fee for receivership proceedings.
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Effective October 1, 2013, applies to petitions filed on or after that date.
Legislative Description
Local Gov'ts/Vacant Housing Receivership
Last Action
Ref to the Com on Government, if favorable, Judiciary Subcommittee B, if favorable, Finance
3/6/2013