North Carolina Condominium Act

The Condominium Act governs the creation, operation, and termination of condominiums, setting out how the declaration, bylaws, plats and plans, and other instruments must be drafted, executed, recorded, and interpreted. It defines how ownership interests in units and common areas are allocated, reallocated, and assigned, and provides mechanisms for altering the property over time — converting or expanding land and spaces, relocating unit boundaries, subdividing units, granting easements for encroachment, construction, and sales, and imposing completion obligations on the declarant. It also establishes the governance framework for the unit owners' association, covering the period of declarant control, board and committee meetings, notice, quorum, voting (including voting without a meeting and by remote conferencing), executive sessions, and owners' access to financial records and minutes.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.