AN ACT TO MAKE CORRECTIONS AND OTHER AMENDMENTS TO VARIOUS STATUTES IMPACTING REAL PROPERTY OWNERSHIP AND TO MAKE OTHER CONFORMING CHANGES, AS RECOMMENDED BY THE REAL PROPERTY SECTION OF THE NORTH CAROLINA STATE BAR ASSOCIATION, TO REGULATE THE SOLICITATION OF A FEE IN EXCHANGE FOR COPIES OF RECORDED DOCUMENTS, AND TO CLARIFY ELIGIBILITY FOR NEEDS-BASED PUBLIC SCHOOL CAPITAL FUND GRANTS.
Senate amendment makes the following changes to 2nd edition. Amends GS 47-18.3 to expand agents who have authority to validate instruments to include other fiduciaries duly authorized by the business entity's statutes or governing documents.
Amends SL 2017-57, Section 5.3(e), setting out that for fiscal year 2018-19, for the purposes of this section, a county is considered to be designated as a development tier one area if it was so designated by the Department of Commerce in 2017 or 2018 and the county filed a grant application under this section in 2017. Effective July 1, 2018.
Conforms title to changes.
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