All Roll Calls
Yes: 309 • No: 1
North CarolinaHB 9922025-2026 SessionHouseWALLET
AN ACT TO CREATE A TIMESHARE TRUSTEE FORECLOSURE PROCESS FOR CERTAIN DELINQUENT ASSESSMENTS FOR TIMESHARES LOCATED IN THIS STATE.
Sponsored By: Celeste C. Cairns (Republican), Stephen M. Ross (Republican), Steve Tyson (Republican), Matthew Winslow (Republican)
Signed by Governor
DEBTOR & CREDITORESTATESFORECLOSURESHOUSINGLIENSMINORSPRESENTEDPROPERTYPUBLICRATIFIEDREAL ESTATECHAPTERED
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 1 benefits, 1 costs, 1 mixed.
Late owners lose use; manager can rent
If you are behind on assessments, the manager can block your use and reservations after mailing a notice at least 30 days after the due date. Use stays blocked until you pay or prove the debt is wrong. The manager may also rent your week after giving a further notice and waiting at least 10 days. Net rent is applied to your debt, and you still owe any shortfall.
New timeshare trustee foreclosure with safeguards
Beginning December 1, 2025, managers can use a new nonjudicial “timeshare trustee foreclosure” to collect unpaid assessments on liens filed on or after that date. Before filing a lien, they must mail a 15‑day notice. After at least six months from the due date, they can file a certificate; once docketed, it becomes a judgment at 8% yearly interest. At least 30 days before docketing, they must mail notice; you can object within 30 days and force a court foreclosure instead. If not stopped, a neutral trustee may auction the timeshare between 30 days and one year after indexing, after a 30‑day sale notice. Sale costs and a $250 administrative charge plus mailing and publication costs are added to the debt. Sale money pays expenses first, then the lien, then junior claims; any surplus goes to the owner or the court to sort claims. When the trustee issues a certificate of sale, redemption ends and you are released from any deficiency; the deed can record after 10 days if no injunction. Buyers for value get strong deed protections and may re‑foreclose to fix errors. Managers may combine similar cases in the same project, but liens made up only of fines or only of certain fees must go to court. A timeshare assessment lien starts on the due date and expires five years after filing unless foreclosure starts. Foreclosures begun before March 1, 2026, remain valid unless challenged by March 1, 2026, or within one year after the sale, whichever is later.
Paternity and inheritance for unmarried families
Starting December 1, 2025, when the mother was unmarried from conception through birth, the father’s name goes on the birth certificate only if both parents sign a sworn paternity affidavit. The affidavit includes the mother’s consent, the father’s sworn statement, and both parents’ Social Security numbers; the State Registrar provides the form. For deaths on or after December 1, 2025, a child born out of wedlock can inherit if paternity was finally adjudicated or properly acknowledged in writing while both were alive.
Sponsors & Cosponsors
Sponsors
Celeste C. Cairns
Republican • House
Stephen M. Ross
Republican • House
Steve Tyson
Republican • House
Matthew Winslow
Republican • House
Cosponsors
Brian Biggs
Republican • House
Laura Budd
Democratic • House
Pricey Harrison
Democratic • House
Jake Johnson
Republican • House
Charles W. Miller
Republican • House
Joseph Pike
Republican • House
A. Reece Pyrtle, Jr.
Republican • House
Jeff Zenger
Republican • House
Roll Call Votes
House vote • 6/26/2025
HB 992: Timeshare Foreclosure/Paternity Matters.
Yes: 108 • No: 0 • Other: 10
Senate vote • 6/25/2025
HB 992: Timeshare Foreclosure/Paternity Matters.
Yes: 46 • No: 0 • Other: 4
Senate vote • 6/25/2025
HB 992: Timeshare Foreclosure/Paternity Matters.
Yes: 45 • No: 1 • Other: 4
House vote • 5/7/2025
HB 992: Timeshare Foreclosures.
Yes: 110 • No: 0 • Other: 8
Actions Timeline
Ch. SL 2025-75
7/9/2025HouseSigned by Gov. 7/9/2025
7/9/2025HousePres. To Gov. 7/1/2025
7/1/2025HouseRatified
6/30/2025HouseOrdered Enrolled
6/26/2025HouseConcurred In S Com Sub
6/26/2025HousePlaced On Cal For 06/26/2025
6/25/2025HouseCal Pursuant 36(b)
6/25/2025HouseSpecial Message Received For Concurrence in S Com Sub
6/25/2025HouseSpecial Message Sent To House
6/25/2025SenateEngrossed
6/25/2025SenatePassed 3rd Reading
6/25/2025SenatePassed 2nd Reading
6/25/2025SenateAmend Adopted A1
6/25/2025SenatePlaced On Cal For 06/25/2025
6/24/2025SenateWithdrawn From Cal
6/24/2025SenateReptd Fav
6/23/2025SenateRe-ref Com On Rules and Operations of the Senate
6/19/2025SenateCom Substitute Adopted
6/19/2025SenateReptd Fav Com Substitute
6/19/2025SenateRe-ref Com On Finance
6/18/2025SenateCom Substitute Adopted
6/18/2025SenateReptd Fav Com Substitute
6/18/2025SenateRe-ref to Judiciary. If fav, re-ref to Finance. If fav, re-ref to Rules and Operations of the Senate
6/17/2025SenateWithdrawn From Com
6/17/2025Senate
Bill Text
Edition 1
Edition 2
Edition 3
Edition 4
Edition 5
Edition 6
Filed
Latest Edition
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