NC Residential Property Disclosure Statement
North Carolina General Statute §47E requires sellers to provide a completed Residential Property Disclosure Statement to buyers. Buyers have 3 business days after receipt to rescind.
The form covers:
Oil and Gas Rights Disclosure
NC requires a separate Oil and Gas Rights Mandatory Disclosure Statement (OGR). Less common in Guilford County but still required.
Lead Paint
Required for pre-1978 homes.
NC Excise Tax
North Carolina charges an excise tax of $1 per $500 of sale price (0.2%). On a $300,000 sale: $600. Guilford County does not add a local transfer tax beyond the state excise.
HOA
Many Greensboro subdivisions have HOAs. Under NC Statute §47F, HOAs must provide a resale certificate within 10 days of request (~$200–$400).
Download NC disclosure forms and find flat fee Triad MLS services.