State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_1 > GS_1-339_26

§ 1‑339.26.  Public saleby auction; separate upset bids when real property sold in parts; subsequentprocedure.

When real property is sold atpublic sale by auction in parts, as provided by G.S. 1‑339.9, the sale ofany part shall be subject to a separate upset bid; and, to the extent the judgeor clerk of court having jurisdiction deems advisable, the sale of each partshall thereafter be treated as a separate sale for the purpose of determiningthe applicable procedure. (1949, c. 719, s. 1; 1971, c. 268, s. 18; 1997‑83,s. 20; 2001‑271, s. 5.)