A BILL TO BE ENTITLED
AN ACT to clarify that the inclusion of real property on a comprehensive transportation plan is not a required disclosure or a material fact for the purposes of disclosure for real estate transactions.
The General Assembly of North Carolina enacts:
SECTION 1.  Article 9 of Chapter 39 of the General Statutes is amended by adding a new section to read:
"§ 39‑51.  Inclusion of real property in a comprehensive transportation plan not a material fact.
In offering real property for conveyance, rent, or lease, it shall not be deemed a material fact that the real property, or any portion thereof, is included in a comprehensive transportation plan adopted pursuant to G.S. 136‑66.2 or G.S. 136‑212, or in accordance with 23 U.S.C. §§ 134 or 135; provided, however, that a party to the conveyance, rental, or lease, or an agent of any said party, may not knowingly make a false statement regarding any such fact."
SECTION 2.  G.S. 47E‑4 reads as rewritten:
"§ 47E‑4.  Required disclosures.
...
(b3)	The adoption of a comprehensive transportation plan pursuant to G.S. 136‑66.2 or 136‑212, or in accordance with 23 U.S.C. §§ 134 or 135, shall not be considered a required disclosure as provided in this section; provided, however, that no person subject to this Chapter, or an agent of a person subject to this Chapter, may knowingly make a false statement regarding any such fact.
...."
SECTION 3.  This act is effective when it becomes law and applies to real estate contracts entered into on or after that date.