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NC H29

Bill

Status

Engrossed

2/27/2023

Primary Sponsor

Kelly Hastings

Click for details

Origin

House of Representatives

2023-2024 Session

AI Summary

  • Clarifies that inclusion of real property in a non-financially constrained comprehensive transportation plan is not a material fact requiring disclosure in real estate transactions.

  • Applies to all property conveyances, leases, exchanges, and other real estate transactions covered under North Carolina law.

  • Prohibits parties to real estate transactions and their agents from knowingly making false statements regarding a property's inclusion on any transportation plan.

  • Becomes effective October 1, 2023, and applies to claims for relief filed on or after that date.

Legislative Description

Support Private Property Rights

Notification; Property; Public; Real Estate; Transportation

Last Action

Ref To Com On Rules and Operations of the Senate

2/27/2023

Committee Referrals

Rules and Operations of the Senate2/27/2023
Rules, Calendar, and Operations of the House2/15/2023
Judiciary I1/31/2023

Full Bill Text

No bill text available