GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2025
H 1
HOUSE BILL 15
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Short Title: Support Private Property Rights. |
(Public) |
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Sponsors: |
Representatives Hastings, Paré, Zenger, and Scott (Primary Sponsors). For a complete list of sponsors, refer to the North Carolina General Assembly web site. |
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Referred to: |
Rules, Calendar, and Operations of the House |
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January 30, 2025
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.
(a) For purposes of this section, the term "financially constrained" is as defined in 23 C.F.R. § 450.104.
(b) The mere fact that real property, or any portion thereof, is included in a comprehensive transportation plan that is not financially constrained adopted pursuant to G.S. 136‑66.2 or G.S. 136‑212, or in accordance with 23 U.S.C. § 134 or 135, shall not, standing alone, be deemed material. This subsection shall apply to all of the following:
(1) Offering real property for conveyance, lease, or exchange.
(2) Any other real estate transaction, including those listed in G.S. 47E‑1(1) through (4).
A party to the conveyance, lease, exchange, or transaction, or an agent of any said party, shall not knowingly make a false statement regarding the property's inclusion on any transportation plan."
SECTION 2. G.S. 47E‑4 reads as rewritten:
"§ 47E‑4. Required disclosures.
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(b3) The inclusion of real property in a comprehensive transportation plan that is not financially constrained adopted pursuant to G.S. 136‑66.2 or G.S. 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, shall knowingly make a false statement regarding any such fact. For purposes of this subsection, the term "financially constrained" is as defined in 23 C.F.R. § 450.104.
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SECTION 3. This act becomes effective October 1, 2025, and applies to claims for relief filed on or after that date.