Bill Summary for S 521 (2011-2012)

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Bill: RULE IN DUMPOR'S CASE/BROKER PRICE OPINIONS (NEW).

Summary date: 

Jul 17 2012
S.L. 2012-163

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 521 (Public) Filed Tuesday, April 5, 2011
PROVIDING THAT A RESTRICTION ON THE TRANSFER OF REAL PROPERTY OR A TENANT’S INTEREST IN A LEASE APPLIES TO A SUBSEQUENT TRANSFER OF THE REAL PROPERTY OR INTEREST IN THE LEASE UNLESS THE GRANTOR OR LANDLORD EXPRESSLY PROVIDES OTHERWISE.
Intro. by Clodfelter.

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Bill summary

AN ACT ABOLISHING THE RULE IN DUMPOR'S CASE AND CONCERNING BROKER PRICE OPINIONS. Summarized in Daily Bulletin 4/5/11, 5/2/11, and 6/20/12. Enacted July 12, 2012. Effective October 1, 2012. Rule-making authority granted by this act to the N.C. Real Estate Commission is effective July 1, 2012.