§ 47-119.1. Memorandum for contract to purchase real estate.
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/nc/chapter-47/47-119-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 47-119.1. Memorandum for contract to purchase real estate.
A contract to convey real estate may be registered by registering a memorandum that sets forth all of the following:
(1)The names and signatures, executed and notarized, of all of the following:
a. Each record title holder contracting to convey an interest in the real estate.
b. Each person contracting to purchase the real estate.
(2)A description of the real estate that is subject to the contract.
(3)The expiration date of the contract.
(4)The title of the agreement and the parties to it, as contained in the original written contract, or other reference sufficient to identify the complete agreement between the parties. (2011-351, s. 1; 2022-64, s. 2(b).)