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The Constitution of North Carolina is the foremost source of state law. Legislation is enacted by the General Assembly, published in the North Carolina Session Laws, and codified in the North Carolina General Statutes.
As of 2014, the Restatement's failure to address basic doctrines like adverse possession and real estate transfers had never been corrected over 75 years, three Restatements series, and 17 volumes. [2] In the 1970s, the Uniform Law Commission's project to standardize state real property law was a spectacular failure. [3] [4] [5]
Also, recording laws generally do not protect purchasers against real estate taxes because notice of them is usually not required to be recorded for them to be effective. Finally, certain classes of nongovernmental liens such as mechanic's liens are often made effective for a certain period of time even if they are unrecorded.
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The new North Carolina laws taking effect on Thursday include two dealing with domestic violence protections. There are 10 new laws in North Carolina as of Dec. 1. Here’s what they’ll do
A handful of laws that the NC legislature passed take effect Monday. Here are highlights of some of these laws, including one that pauses the automatic removal of charges from people’s criminal ...
Homestead exemption laws typically have four primary features: Preventing the forced sale of a home to meet the demands of creditors, usually except mortgages, mechanic's liens, or sales to pay property taxes; Providing the surviving spouse with shelter; Providing an exemption from property taxes on a home
In the absence of urban planning policies, property tax on real estate changes the incentives for developing land, which in turn affects land use patterns. One of the main concerns is whether or not it encourages urban sprawl. The market value of undeveloped real estate reflects a property's current use as well as its development potential. As ...