Bill Summary for S 278 (2021-2022)

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Bill: PROP./FAM. LAW-REIMBURSE PROP. EXPENDITURES.

Summary date: 

Jun 30 2022
S.L. 2022-12

Bill Information:

View NCGA Bill Details(link is external)2021
Senate Bill 278 (Public) Filed Thursday, March 11, 2021
AN ACT TO CONFORM THE STATUTE RELATING TO REIMBURSEMENT FOR EXPENDITURES MADE BY SPOUSES ON JOINT PROPERTY WITH CURRENT FAMILY LAW PRACTICE, AS RECOMMENDED BY THE FAMILY LAW SECTION OF THE NORTH CAROLINA BAR ASSOCIATION, TO REQUIRE CERTAIN INFORMATION TO BE INCLUDED IN DECLARATIONS FOR CONDOMINIUMS PRIOR TO RECORDATION, TO CLARIFY THE APPLICABILITY OF THE NORTH CAROLINA CONDOMINIUM ACT, AND TO CLARIFY EXEMPTIONS FROM THE MARKETABLE TITLE ACT.
Intro. by Galey, Britt.

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Bill summary

AN ACT TO CONFORM THE STATUTE RELATING TO REIMBURSEMENT FOR EXPENDITURES MADE BY SPOUSES ON JOINT PROPERTY WITH CURRENT FAMILY LAW PRACTICE, AS RECOMMENDED BY THE FAMILY LAW SECTION OF THE NORTH CAROLINA BAR ASSOCIATION, TO REQUIRE CERTAIN INFORMATION TO BE INCLUDED IN DECLARATIONS FOR CONDOMINIUMS PRIOR TO RECORDATION, TO CLARIFY THE APPLICABILITY OF THE NORTH CAROLINA CONDOMINIUM ACT, AND TO CLARIFY EXEMPTIONS FROM THE MARKETABLE TITLE ACT. SL 2022-12. Enacted June 29, 2022. Effective June 29, 2022, except as otherwise provided.