1-339.1. Definitions.
(a) A judicial sale is a sale of property made pursuant to an order of a judge or clerk in an action or proceeding in the superior or district court, including a sale pursuant to an order made in an action in court to foreclose a mortgage or deed of trust, but is not
(1) A sale made pursuant to a power of sale
a. Contained in a mortgage, deed of trust, or conditional sale contract, or
b. Granted by statute with respect to a mortgage, deed of trust, or conditional sale contract, or
(2) A resale ordered with respect to any sale described in subsection (a)(1), where such original sale was not held under a court order, or
(3) An execution sale, or
(4) A sale ordered in a criminal action, or
(5) A tax foreclosure sale, or
(6) A sale made pursuant to Article 15 of Chapter 35A of the General Statutes, relating to sales of estates held by the entireties when one or both spouses are mentally incompetent, or
(7) A sale made in the course of liquidation of a bank pursuant to Article 9 of Chapter 53C of the General Statutes, or
(8) A sale made in the course of liquidation of an insurance company pursuant to Article 30 of Chapter 58 of the General Statutes, or
(8a) A lease, sale, or exchange made pursuant to G.S. 35A-1251(17) or G.S. 35A-1252(14), unless any order thereunder requires, or
(9) Any other sale the procedure for which is specially provided by any statute other than this Article.
(b) As hereafter used in this Article, "sale" means a judicial sale. (1949, c. 719, s. 1; 1971, c. 268, s. 16; 1987, c. 550, s. 12; 1989, c. 473, s. 10; 2003-221, s. 4; 2012-56, s. 5.)
Structure North Carolina General Statutes
North Carolina General Statutes
§ 1-339.2 - Application of Part 1.
§ 1-339.3A - Judge or clerk may order public or private sale.
§ 1-339.4 - Who may hold sale.
§ 1-339.5 - Days on which sale may be held.
§ 1-339.6 - Place of public sale.
§ 1-339.7 - Presence of personal property at public sale required.
§ 1-339.8 - Public sale of separate tracts in different counties.
§ 1-339.9 - Sale as a whole or in parts.
§ 1-339.10 - Bond of person holding sale.
§ 1-339.11 - Compensation of person holding sale.
§ 1-339.12 - Clerk's authority to compel report or accounting; contempt proceeding.
§ 1-339.13 - Public sale; order of sale.
§ 1-339.13A - Public sale of timber by sealed bid; appraisal; bid procedure.
§ 1-339.14 - Public sale; judge's approval of clerk's order of sale.
§ 1-339.15 - Public sale; contents of notice of sale.
§ 1-339.16 - Public sale; time for beginning advertisement.
§ 1-339.17 - Public sale; posting and publishing notice of sale of real property.
§ 1-339.18 - Public sale; posting notice of sale of personal property.
§ 1-339.19 - Public sale; exception; perishable property.
§ 1-339.20 - Public sale; postponement of sale.
§ 1-339.21 - Public sale by auction; time of sale.
§ 1-339.22 - Public sale by auction; continuance of uncompleted sale.
§ 1-339.24 - Public sale; report of sale; when final as to personal property.
§ 1-339.25 - Public sale; upset bid on real property; compliance bond.
§ 1-339.27A - Ordering resale of real property after sale or upset bid.
§ 1-339.28 - Public sale; confirmation of sale.
§ 1-339.29 - Public sale; real property; deed; order for possession.
§ 1-339.30 - Public sale; failure of bidder to make cash deposit or to comply with bid; resale.
§ 1-339.31 - Public sale; report of commissioner or trustee in deed of trust.
§ 1-339.33 - Private sale; order of sale.
§ 1-339.34 - Private sale; exception; certain personal property.
§ 1-339.35 - Private sale; report of sale.
§ 1-339.36 - Private sale; upset bid; subsequent procedure; defaulting bidder.
§ 1-339.37 - Private sale; confirmation.
§ 1-339.38 - Private sale; real property; deed; order for possession.
§ 1-339.39 - Private sale; personal property; delivery; bill of sale.