N.C. Gen. Stat. § 45-21.45
Validation of foreclosure sales where notice and hearing not provided
Redline — June 1, 2021 → current.View current text →
Current — June 1, 2022
As of June 1, 2021
In all cases where mortgages or deeds of trust on real estate with power of sale have been foreclosed pursuant to said power by proper advertisement and sale, but the mortgagor or grantor under such mortgage or deed of trust did not receive actual notice of such foreclosure or have the opportunity of a hearing prior to such foreclosure, all such sales are hereby fully validated, ratified and confirmed and shall be as effective to pass title to the real estate described therein as fully and to the same extent as if such notice and opportunity for hearing had been given, unless an action to set aside such foreclosure is commenced within one year from June 6, 1975.
In all cases where mortgages or deeds of trust on real estate with power of sale have been foreclosed pursuant to said power by proper advertisement and sale, but the mortgagor or grantor under such mortgage or deed of trust did not receive actual notice of such foreclosure or have the opportunity of a hearing prior to such foreclosure, all such sales are hereby fully validated, ratified and confirmed and shall be as effective to pass title to the real estate described therein as fully and to the same extent as if such notice and opportunity for hearing had been given, unless an action to set aside such foreclosure is commenced within one year from June 6, 1975.
History
(1975, c. 492, s. 12.)
(1975, c. 492, s. 12.)
Legal Periodicals. - For comment discussing changes in North Carolina's foreclosure law, see 54 N.C.L. Rev. 903 (1976).
Legal Periodicals. - For comment discussing changes in North Carolina's foreclosure law, see 54 N.C.L. Rev. 903 (1976).
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.