§ 105-228.29. Exemptions.
90 words·~1 min read·
/nc/chapter-105/105-228-29A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 105-228.29. Exemptions.
This Article does not apply to any of the following transfers of an interest in real property:
(1)By operation of law.
(2)By lease for a term of years.
(3)By or pursuant to the provisions of a will.
(4)By intestacy.
(5)By gift.
(6)If no consideration in property or money is due or paid by the transferee to the transferor.
(7)By merger, conversion, or consolidation.
(8)By an instrument securing indebtedness. (1967, c. 986, s. 1; 1999-28, s. 1; 1999-369, s. 5.10(a)-(c).)