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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.