North Carolina § 160A-239.17 C-PACE assessment and lien

North Carolina Statutes

§ 160A-239.17 — C-PACE assessment and lien

North Carolina § 160A-239.17

Ch. 160ACities and Towns

Art. 10BCommercial Property Assessed Capital Expenditure (C-PACE) Act

This text of North Carolina § 160A-239.17 (C-PACE assessment and lien) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.C. Gen. Stat. § 160A-239.17 (2026).

Text

The following shall apply to the C-PACE assessment and lien:

(1)The lien shall be inferior to all prior and subsequent State, local, and federal taxes or liens and superior to all other liens on the property from the date on which the notice of the C-PACE assessment is recorded until the C-PACE assessment, interest, penalties, and charges accrued or accruing are paid.

(2)The lien shall run with the land, and that portion of the C-PACE assessment that is not yet due may not be accelerated or eliminated by foreclosure of a property tax or other lien.

(3)The C-PACE lien may not be contested on the basis that the improvement is not a qualified improvement or for any procedural or substantive irregularities related to the financing.

(4)For C-PACE assessments for leaseholds, the C-PACE asses

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The following shall apply to the C-PACE assessment and lien:
(1) The lien shall be inferior to all prior and subsequent State, local, and federal taxes or liens and superior to all other liens on the property from the date on which the notice of the C-PACE assessment is recorded until the C-PACE assessment, interest, penalties, and charges accrued or accruing are paid.
(2) The lien shall run with the land, and that portion of the C-PACE assessment that is not yet due may not be accelerated or eliminated by foreclosure of a property tax or other lien.
(3) The C-PACE lien may not be contested on the basis that the improvement is not a qualified improvement or for any procedural or substantive irregularities related to the financing.
(4) For C-PACE assessments for leaseholds, the C-PACE assessment may be levied on the leasehold or possessory interest, including on publicly-owned land, subject to the consent of the entity owning the property and shall be payable by the owner of the leasehold interest. (2024-44, s. 1.)