New Oil and Gas Mandatory Disclosure Statement

      News

Effective January 1, 2015, sellers must provide a new Oil and Gas Mandatory Disclosure Statement (MOGDS) to buyers prior to making an offer.  The new Disclosure Statement is being developed by the Real Estate Commission and will be made available on the Commission’s Website, www.ncrec.gov, in December to allow sellers sufficient time to complete the Disclosure for any properties on the market as of January 1.