North Carolina Property Disclosure Statement

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The North Carolina residential purchase and sale agreement is used by home buyers and sellers to come to an agreement regarding the purchase and sale of a residential property. This document includes the legal description of the property, the purchase price, closing costs, and financing conditions.

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North Carolina Property Disclosure Statement

Last updated May 15th, 2025

Certain property transfers are exempt from requiring this disclosure statement; transfer of property from one spouse to another, a lease with option to purchase (rent-to-own), and transfers under a court order are some such exemptions.

Laws – G.S. 47E-4(b)

Purchase Agreement – Before a purchase agreement is signed, prospective buyers must be made aware of lead-based paint on the premises if the property was constructed prior to 1978. The seller must also be made aware of the mineral, oil, and gas rights on the property.

North Carolina Property Disclosure Statement

North Carolina Property Disclosure Statement

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