To be validly registered pursuant to G.S. 47-20, a deed of trust or mortgage of a leasehold interest or other chattel real must be registered in the county where the land involved lies, or if the land involved is located in more than one county, then the deed of trust or mortgage must be registered in each county where any portion of the land involved lies in order to be effective as to the land in that county.
N.C. Gen. Stat. § 47-20.4
Place of registration; chattel real
Applied in 1 court decision — leading case In Re Carley Capital Group (1991)
Most recently applied in In Re Carley Capital Group (March 1991)
1959, c. 1026, s. 1.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.