North Carolina General Statutes 1-339.15. Public sale; contents of notice of sale
The notice of public sale shall:
(1) Refer to the order authorizing the sale;
Terms Used In North Carolina General Statutes 1-339.15
- property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- sale: means a judicial sale. See North Carolina General Statutes 1-339.1
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
(2) If the sale is to be by public auction, designate the date, hour and place of sale;
(2a) If the sale is to be a sale of timber by sealed bid, specify:
a. The date on which sealed bids will first be accepted;
b. The place or address at which sealed bids are to be submitted;
c. The manner and form in which sealed bids are to be submitted;
d. The time and place at which any sealed bids received will be opened; and
e. The minimum number of bids required, as determined pursuant to N.C. Gen. Stat. § 1-339.13(a)(7);
(3) Describe real property to be sold, by reference or otherwise, sufficiently to identify it, and may add any further description as will acquaint bidders with the nature and location of the property;
(4) Describe personal property to be sold sufficiently to indicate its nature and quantity, and may add any further description as will acquaint bidders with the nature of the property;
(5) State the terms of the sale, specifying the amount of the cash deposit, if any, to be made by the highest bidder at the sale and, in the case of a sale by sealed bid, the date by which any deposit shall be made, as determined pursuant to N.C. Gen. Stat. § 1-339.13(a)(7); and
(6) Include any other provisions required by the order of sale to be included therein. (1949, c. 719, s. 1; 1997-83, s. 7.)