When a timeshare is owned by two or more persons as tenants in common or as joint tenants, either may seek a partition by sale of that interest under Chapter 46A of the General Statutes, but no owner of a timeshare shall maintain a proceeding for partition, whether by actual partition or by partition sale, of the timeshare unit, timeshare project, or timeshare program in which the timeshare is held.
Amended by 2021 N.C. Sess. Laws 192,s. 5-a, eff. 10/6/2021.Amended by 2021 N.C. Sess. Laws 163,s. 1-c, eff. 10/6/2021.Amended by 2020 N.C. Sess. Laws 23,s. 15, eff. 10/1/2020.Applicability of Amendment by SL 2021-163: Section 5.(a) of 2021 N.C. Sess. Laws 192 amends 2021 N.C. Sess. Laws 163,s. 3 to read as follows: "This act is effective when it becomes law. Section 1(c) of this act does not apply to timeshare transfer services or to transfer service providers prior to July 1, 2022."