House committee substitute makes the following changes to 1st edition.
Deletes changes made to the definition of improve in GS 44A-7. Amends GS 44A-12(f) (concerning lien waivers) to add that the provisions do not apply to lien waivers or subordinations obtained by specified parties as a part of any real estate or financing transactions. Amends GS 44A-13 (concerning actions to enforce claims) to add provisions related to subsequent purchasers of improved property and lenders as parties after a claim of lien is discharged. Amends proposed subsection (e) to GS 44A-27 to state that there is no obligation to provide a notice of public subcontract for claims of $20,000 (was, $10,000) or less. Makes conforming changes. Amends GS 44A-27(b) to specify that a claim does not include labor or materials provided more than 75 days (was, 60 days) before the claimant’s service of the notification of public subcontract to the contractor, unless the contractor failed to timely provide a copy of the payment bond. Makes clarifying changes. Makes a technical change to the bill title.