2005 North Carolina Code - General Statutes § 1-339.26. Public sale by auction; separate upset bids when real property sold in parts; subsequent procedure.

§ 1‑339.26.  Public sale by auction; separate upset bids when real property sold in parts; subsequent procedure.

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

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