North Carolina General Statutes 1-339.40. Private sale; final report
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Terms Used In North Carolina General Statutes 1-339.40
- Deed: The legal instrument used to transfer title in real property from one person to another.
- property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
- sale: means a judicial sale. See North Carolina General Statutes 1-339.1
- Trustee: A person or institution holding and administering property in trust.
(a) A commissioner or a trustee in a deed of trust authorized pursuant to N.C. Gen. Stat. § 1-339.4 to hold a private sale of property shall make such a final report as is specified in N.C. Gen. Stat. § 1-339.31
(b) Any other person authorized pursuant to N.C. Gen. Stat. § 1-339.4 to hold a private sale of property shall make such a final report as is specified in N.C. Gen. Stat. § 1-339.32 (1949, c. 719, s. 1.)