Section 39A-4 - Applicability; interpretation(a) This Chapter applies to (i) any transfer fee covenant that is recorded after July 1, 2010; (ii) any lien that is filed to enforce a transfer fee covenant that is recorded after July 1, 2010, or purports to secure payment of a transfer fee that is recorded after July 1, 2010; and (iii) any agreement imposing a private transfer fee obligation entered into after July 1, 2010.(b) Nothing in this Chapter shall be interpreted to mean that a transfer fee covenant recorded prior to July 1, 2010, is valid or enforceable.Amended by 2015 N.C. Sess. Laws 264,s. 28-b, eff. 10/1/2015.Added by 2010 N.C. Sess. Laws 32,s. 2, eff. 7/1/2010, as codified by 2015 N.C. Sess. Laws 264,s. 28-a, eff. 10/1/2015.