Entries by RealProperty

Recent Legislation Enacted After LexisNexis 2023 Update Deadline

By Nancy Ferguson The below information was provided by David Unwin, Revisor of Statutes, to alert attorneys to this limitation in the most recent update by LexisNexis. Some legislation enacted late in the session is not yet incorporated into LexisNexis, including the important S.L. 2023-134 2023 Budget Bill which includes the NC State Bar Grievance […]

Announcing the Heir Property Pro Bono Project

By Barrett McFatter I am pleased to announce the launch of the Heir Property Pro Bono Project. Many legal services organizations encounter clients with heir property issues as these issues most often impact those who cannot afford an attorney to help. Heir property is an area where legal services providers may not have deep expertise. […]

North Carolina and North Carolina Attorneys Need RON – Now

By Jason M. Peltz[1] North Carolina needs its own permanent Remote Online Notarization (“RON”) legislation. By implementing carefully drafted RON legislation, similar to what was contained in the original House Bill 776 (H776) with suggested critical modifications by a stakeholder group (more below)[2], North Carolina will not only meet current demands in an increasingly technology-based […]

February Update from the Real Property Section Chair

By Christina Freeman Pearsall Dear Real Property Section: The Real Property Section Council continues to work diligently on behalf of the section. Below is a summary of those efforts, as reported in our last Council meeting on February 8, 2022. Return to the Vault Program I, personally, am very excited about this new section program. […]

The New Corporate Transparency Act and Its Potential Impact on North Carolina Commercial Real Estate Attorneys

By Margaret Shea Burnham [1] The Corporate Transparency Act of 2019 (“CTA”)[2] was enacted January 1, 2021, as part of the Anti-Money Laundering Act of 2020 (“AMLA”), which is part of the National Defense Authorization Act for Fiscal Year 2021 (“NDAA”).[3] This article contains highlights[4] of the CTA, an outlook of regulations to come, and […]

Update from the Real Property Section Chair

By Christina Pearsall Dear Real Property Section: It is my honor to serve as Chair of the NCBA Real Property Section for the 2021-2022 fiscal year. Also serving on the Executive Committee are Vice-Chair Lindsay Parris Thompson of The Van Winkle Law Firm in Asheville, Secretary-Treasurer Matt Waters of Jordan Price in Raleigh and Immediate […]

Legislative Update

By Brian W. Byrd I hope this message finds each of you well and enjoying professional fulfillment in your law practice. I expect that many of us would say that the prior year has been among one of the most unusual, and perhaps trying, of our lifetimes. Although probably not at the top of our […]