North Carolina Statutes
§ 160D-1011 — Recordation
The developer shall record the agreement with the register of deeds in the county where the property is located within 14 days after the local government and developer execute an approved development agreement. No development approvals may be issued until the development agreement has been recorded. The burdens of the development agreement are binding upon, and the benefits of the agreement shall inure to, all successors in interest to the parties to the agreement. (2019-111, s. 2.4; 2020-3, s. 4.33(a); 2020-25, s. 51(a), (b), (d).)
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Nearby Sections
15
§ 160D-1001
Authorization§ 160D-1002
Definitions§ 160D-1003
Approval of governing board required§ 160D-1004
Size and duration§ 160D-1005
Hearing§ 160D-1006
Content and modification§ 160D-1007
Vesting§ 160D-1008
Breach and cure§ 160D-1009
Amendment or termination§ 160D-101
Application§ 160D-1010
Change of jurisdiction§ 160D-1011
Recordation§ 160D-1012
Applicability of procedures to approve debt§ 160D-102
Definitions§ 160D-103
Unified development ordinance