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NC S427
Bill
Status
3/29/2023
Primary Sponsor
Julie Mayfield
Click for details
AI Summary
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Changes advertising requirement for Class A residue property sales from "at least two" methods to "all of" the listed methods, requiring more comprehensive public notice.
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Requires notice by personal delivery or registered/certified mail to adjoining landowners and persons who have expressed written interest in purchasing the property.
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Creates new subsection (f1) allowing adjacent property owners to purchase encroaching structures or improvements through negotiated sale at fair market value, either as fee simple or permanent easement.
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Adjacent property owners must notify the Department before property disposal and agree to pay survey and recording costs to protect encroachments.
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Department must notify adjacent property owners when it becomes aware of encroachments on Class A residue property to inform them of protection options.
Legislative Description
Revise DOT Residue Property Disposal
Definitions; Property; Public; Sales & Conveyances; Transportation; Transportation Dept.; Property-state Government; Surplus Pro
Last Action
Ref To Com On Rules and Operations of the Senate
3/30/2023