Oceanfront property values are a major economic driver in our region. It doesn’t take an economist to understand why: The oceanfront owner enjoys private views and direct access to the beauty of the ocean and beaches, as well as all other private property rights. That leads to higher prices for oceanfront property, which helps fund other sectors of the economy.
This past November, the N.C. Court of Appeals ruled that the privately owned “dry sand beach” (in front of your beachfront property) is subject to “public trust” rights that allow “enhanced public access” to that beach area.
Translating from legalese, this means that unless the case is overturned by the N.C. Supreme Court, as an oceanfront propert ownery:
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Sep 17, 2024
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Vistage Recognizes Mingia With 2024 Impact Award
Staff Reports
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Wilmington Trade Center Secures Two New Leases
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Nooner, Patterson Named Associate Deans
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A trend the area has seen is the growing popularity of run clubs that meet at breweries or other establishments before and after the run....
For each calcium test an employee completes themselves or shares with a family member, Monteith and Cape Fear Commercial donate a scan to so...
Chad Kimes has overseen major highway projects and smaller roadway improvements in Wilmington and its surrounding areas for the past 33 year...
The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.