NC S54

Requires commissioners or trustees conducting foreclosure sales to record a notice of foreclosure in the register of deeds within 60 days after filing the final report on the sale of the property.

Applies to foreclosures of both deeds of trust and mortgages, covering both public and private sales.

Notice of foreclosure must include the date and person to whom the property conveyance was made and identify which property was sold if only part of the mortgaged property was sold.

Effective October 1, 2013, and applies to any foreclosure of a deed of trust or mortgage occurring on or after that date.