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NC S769
Bill
AI Summary
Senate Bill 769 Summary
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Extends the postponement deadline for judicial and execution sales from 6 days to 90 days after the original sale date, aligning with power of sale postponement provisions.
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Requires written or oral notice of postponement to judgment debtors and parties previously served, with written notice served under Rules 5(b) of the North Carolina Rules of Civil Procedure.
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Adds requirement that postponement notices state the reason for postponement and be signed by the authorized person, their agent, or attorney.
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Extends the 90-day execution return period to court when a sale is postponed by the number of days the sale is postponed.
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Effective October 1, 2022, applies to sales noticed on or after that date.
Legislative Description
GSC Postponement/Judicial & Execution Sales
Public
Last Action
Ch. SL 2022-60
7/8/2022