North Carolina legislation · 2025-2026 Session
North Carolina H992: Timeshare Foreclosure/Paternity Matters.
Status: Signed into law, July 9, 2025
What the bill says
An act to create a timeshare trustee foreclosure process for certain delinquent assessments for timeshares located in this state and to change the process for establishing paternity of children born out of wedlock.
From the enrolled text:
AN ACT TO CREATE A TIMESHARE TRUSTEE FORECLOSURE PROCESS FOR CERTAIN DELINQUENT ASSESSMENTS FOR TIMESHARES LOCATED IN THIS STATE AND TO CHANGE THE PROCESS FOR ESTABLISHING PATERNITY OF CHILDREN BORN OUT OF WEDLOCK. The General Assembly of North Carolina enacts: SECTION 1. G.S. 93A-62 reads as developer guarantee. (a) Delinquent assessments may bear interest at the highest rate permitted by law or at some lesser rate established by the managing entity. In addition to interest, the managing entity may charge a reasonable administrative late fee for each delinquent assessment. Any costs of collection, including reasonable collection agency fees and reasonable attorney's fees, incurred in the collection of a delinquent assessment shall be paid by the owner and shall be secured by a lien in favor of the managing entity upon the timeshare with respect to which the delinquent assessment has been incurred. (b) The managing entity may deny the use of the timeshare units or facilities, including the denial of the right to make a reservation or the cancellation of a confirmed reservation for timeshare periods, to any owner who is delinquent in the payment of any assessments made by the managing entity against the owner for common expenses, in accordance with the following: (1) The managing entity must, no less than 30 days after the date the assessment is …
Sponsors
- Cairns, Celeste C. (R, 13) · primary sponsor
- Tyson, Steve (R, 3) · primary sponsor
- Ross, Stephen M. (R, 63) · primary sponsor
- Winslow, Matthew (R, 7) · primary sponsor
- Biggs, Brian (R, 70)
- Budd, Laura (D, 103)
- Harrison, Pricey (D, 61)
- Johnson, Todd (R, 35)
- Miller, Charles W. (R, 19)
- Pike, Joseph (R, 6)
- Pyrtle, A. Reece (R, 65)
- Zenger, Jeff (R, 74)
Latest actions
- : Ch. SL 2025-75
- : Signed by Gov. 7/9/2025
- : Pres. To Gov. 7/1/2025
- : Ratified
- : Ordered Enrolled
- : Concurred In S Com Sub
- : Placed On Cal For 06/26/2025
- : Cal Pursuant 36(b)
- : Special Message Received For Concurrence in S Com Sub
- : Special Message Sent To House
Votes
- Timeshare Foreclosure/Paternity Matters. M11 Concur (June 26, 2025): 108 yea, 0 nay, passed
- Timeshare Foreclosure/Paternity Matters. Second Reading (June 25, 2025): 45 yea, 1 nay, passed
- Timeshare Foreclosure/Paternity Matters. Amendment 1 (June 25, 2025): 46 yea, 0 nay, passed
- Timeshare Foreclosures. Second Reading (May 7, 2025): 110 yea, 0 nay, passed
Subjects: PROPERTY, FORECLOSURES, RATIFIED, MINORS, REAL ESTATE, PUBLIC, DEBTOR & CREDITOR, HOUSING
Common questions
- What is H992?
- H992 is a bill in the North Carolina Legislature (2025-2026 Session): Timeshare Foreclosure/Paternity Matters.
- What does H992 do?
- In its own words: An act to create a timeshare trustee foreclosure process for certain delinquent assessments for timeshares located in this state and to change the process for establishing paternity of children born out of wedlock.
- What is the status of H992?
- Signed into law as of July 9, 2025. Latest action: Ch. SL 2025-75 (July 9, 2025).
- Who sponsored H992?
- Cairns, Celeste C. (R, 13), with 11 co-sponsors.
- Where is the official record for H992?
- On the North Carolina Legislature website: https://www.ncleg.gov/BillLookUp/2025/H992
Source: official North Carolina record. Tracked by Delilah, AI for legislation across all 50 states and Congress.