Rep. Cairns files bill in North Carolina House on timeshare trustee foreclosures

A new bill filed by State Rep. Celeste C. Cairns in the North Carolina House seeks to streamline enforcement of payment for delinquent timeshare assessments, according to the North Carolina State House.

The bill, filed as HB 992 on April 10 during the 2025 regular session, was formally listed with the short title: ‘Timeshare Foreclosures.’

The following is our breakdown, based on the actual bill text, and may include interpretation to clarify its provisions.

In essence, the bill establishes a process for timeshare trustee foreclosures in North Carolina, aiming to streamline the enforcement of payment for delinquent assessments on timeshares. It allows managing entities to impose liens for unpaid assessments and outlines the process for both judicial and nonjudicial foreclosure actions. The bill details the notification requirements to owners and other lienholders, the procedures for exercising nonjudicial foreclosure through a trustee, and the method for conducting public auctions of timeshares. It specifies that the liens cover not only delinquent assessments but also associated costs like interest, attorney’s fees, and foreclosure expenses. The bill also provides options for contesting foreclosure proceedings and outlines conditions under which the managing entity can rent delinquent timeshares. This act is effective upon becoming law and applies to claims of lien filed thereafter.

Of the four sponsors of this bill, Steve Tyson proposed the most bills (32) during the 2025 regular session.

Bills in North Carolina follow a multi-step process before becoming law. A lawmaker starts by filing a bill, which is assigned to a committee for review. The bill must be read three times in each chamber. If one chamber changes the bill after the other passes it, both must agree on the final version. Once both chambers approve the same bill, it goes to the governor, who has 10 days (or 30 if the legislature is not in session) to sign, veto, or let it become law without a signature.

You can read more about the bills and other measures here.

Cairns graduated from the University of Georgia with a BBA.

Cairns, a Republican, was elected to the North Carolina State House in 2023 to represent the state’s 13th House district, replacing previous state representative Patricia McElraft.