Senate committee substitute to the 1st edition makes the following changes.  

Deletes amendments to GS 47C-3-118 (pertaining to the North Carolina Condominium Act) and GS 47F-3-118 (pertaining to the North Carolina Planned Community Act) that required the association, upon written request, to give a unit or lot owner, respectively (or the owner's authorized agents), the contract(s) between the association (as defined) and the community association manger (as defined) related to the management of the association. Deletes requirement to provide either a physical copy of the contract or allowing review of the contract in person.  Instead, narrows the scope of the records to be provided by amending GS 47C-3-118 and GS 47F-3-118 to provide that a unit/lot owner or their authorized agent is entitled to inspect and copy, at a reasonable time and location governed by the association, any contract entered into by the association authorizing a managing agent to exercise any of the powers granted to the association, if the unit owner gives the association written notice of the demand at least five business days before the date on which the unit owner wishes to inspect and copy.

Makes conforming changes to act’s long title.