The North Carolina Mineral and Oil and Gas Rights Disclosure Statement can be found here:
North Carolina Mineral and Oil and Gas Rights Disclosure Statement
The Residential Property Disclosure Act (G.S. 47E) (“Disclosure Act”) requires owners of certain residential real estate such as single-family homes, individual condominiums, townhouses, and the like, and buildings with up to four dwelling units, to furnish purchasers a Mineral and Oil and Gas Rights Disclosure Statement.
A disclosure statement is not required for some transactions. For a complete list of exemptions, see G.S. 47E2(a) here: https://www.ncleg.net/EnactedLegislation/Statutes/PDF/ByChapter/Chapter_47e.pdf. A DISCLOSURE STATEMENT IS REQUIRED FOR THE TRANSFERS IDENTIFIED IN G.S. 47E-2(b), including transfers involving the first sale of a dwelling never inhabited, lease with option to purchase contracts where the lessee occupies or intends to occupy the dwelling, and transfers between parties when both parties agree not to provide the Residential Property and Owner’s Association Disclosure Statement.
Is the Mineral and Oil and Gas Rights Disclosure Provided when Selling Vacant Land?
No. This only applies to certain “transfers of residential real property consisting of not less than one nor more than four dwelling units".
Return to North Carolina Disclosure Requirements