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Code · North Carolina · Chapter 160A — Cities and Towns

§ 160A-239.19. Lender consent.

78 words·~1 min read·/nc/chapter-160a/160a-239-19

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§ 160A-239.19. Lender consent.
Prior to entering into an assessment agreement, the property owner must submit to the statewide administrator a written statement, executed by each holder of a mortgage, deed of trust, or other lien on the property securing indebtedness, indicating their consent to the C-PACE assessment and that the C-PACE assessment does not constitute an event of default under the terms of the mortgage, deed of trust, or other indebtedness secured by lien. (2024-44, s. 1.)
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