§ 47E-1. Applicability.
Chapter47E.
Residential PropertyDisclosure Act.
§ 47E‑1. Applicability.
This Chapter applies to thefollowing transfers of residential real property consisting of not less thanone nor more than four dwelling units, whether or not the transaction is withthe assistance of a licensed real estate broker or salesman:
(1) Sale or exchange,
(2) Installment landsales contract,
(3) Option, or
(4) Lease with option topurchase, except as provided in G.S. 47E‑2(10). (1995,c. 476, s. 1; 1997‑472, s. 5.)