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Cary and Raleigh, NC, Real Estate: 2008 Standard forms: Offer to Purchase and Contract and governmental bodies

By
Real Estate Broker/Owner with Realty Arts NC Broker License #235526

We get into the changes in the 2008 North Carolina Offer to Purchase and Contract in the first paragraph:

"NOTE:  Government authority over taxes, zoning, school districts, utilities, and mail delivery may differ from address shown."

It isn't a major change, nor is it an impediment to a smooth transaction.  It alerts the Buyer in plain English that the address and the actual governing body and service providers may not be the same.

We have "ETJ's," "Extra-Territorial Jurisdictions" in North Carolina.  The Extra-Territorial Jurisdiction allows a town to control zoning and permitting in an unincorporated area.  And that area may be in the mailing district of another adjoining town.  Some areas get their US Mail from a Post Office that has been designated to serve the area.  But it might be in another town's ETJ.  Many folks receive mail at a Raleigh address, from a Raleigh post office, but are subject to Cary regulations on development.

Schools are another issue.  Wake County administers the Public Schools.   While we have Cary High School, and Apex High School, they are actually Wake County Schools.  Cary kids may go to another school, such as Panther Creek or Green Hope.  And some Apex kids are assigned to those schools also.

This is an outgrowth of the tremendous growth in the region, and the Wake County Public Schools' attempts to manage ongoing influx of new students.

I live in Cary.  I receive my electric service from the Town of Apex.  Cary handles my water, sewer, and trash.

These things are confusing to long-time residents, and even moreso confusing to relocators from other areas. 

It seems to me that this added disclaimer is one of the valuable inclusions in the new NC standard Offer to Purchase and Contract.

Posted by

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Scan the QR Code with your Smartphone to Email MeQR CodeMike Jaquish, REALTOR®

919-880-2769 www.RealtyArts.com

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Independent Broker/Owner, Realty Arts

130 Towerview Court,

Cary, NC

Comments(4)

Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro
I'm glad to know that we are not the only place in the country that has such confusing service areas.  You at least have zoning though that is missing here (lol).
Nov 02, 2007 01:58 PM
Mike Jaquish
Realty Arts - Cary, NC
919-880-2769 Cary, NC, Real Estate

Marchel,

I just think this notification in the Offer will be helpful to get the topic into discussion with Buyers.

We gained a few other clauses this year, as our Offer to Purchase and Contract went from 5 to 8 pages!

No zoning?  Wow, you must have "Property Rights."

Nov 02, 2007 02:59 PM
Rita Taylor
None - Sanford, NC
Sanford NC Real Estate - Homes for Sale in Sanford North Carolina

Mike,

This affects my area a lot.  Large parts of Harnett county have addresses that correspond to towns in Lee or Moore County.  It can be very confusing to people moving here from other parts of the country.  One more reason to work with an agent who understands the area. 

Nov 08, 2007 03:00 PM
Mike Jaquish
Realty Arts - Cary, NC
919-880-2769 Cary, NC, Real Estate

Rita,

This is another of those "prompts" built into the Offer, that will spur discussions between Agent and Buyer.

A good thing, I think, too.

Nov 08, 2007 09:48 PM