Is There a HOA and Do I Care? Not All Restrictions Are Equal (NC)

One duty of a real estate closing attorney is to research the history of title to a tract of real estate and, as a part of that title search, determine what restrictions, if any, are attached to property being purchased. Restrictions are generally attached either through the agreement of several property owners to be bound by certain restraints, or by a single owner seeking to subdivide property and to have all subdivided lots be under a common subdivision scheme. In either event, restrictions in North Carolina have to be recorded in the county register of deeds where the real property exists to be binding against that property and put others on notice.      Read the article………………….

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