§ 1-339.9. Sale as a whole or in parts.
219 words·~1 min read·
/nc/chapter-1/1-339-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 1-339.9. Sale as a whole or in parts.
(a)When real property to be sold consists of separate lots or other units or when personal property consists of more than one article, the judge or clerk of court having jurisdiction may direct specifically
(1)That it be sold as a whole, or
(2)That it be sold in designated parts, or
(3)That it be offered for sale by each method, and then sold by the method which produces the highest price.
(b)When real property to be sold has not been subdivided but is of such nature that it may be advantageously subdivided for sale, the judge or clerk having jurisdiction may authorize the subdivision thereof and the dedication to the public of such portions thereof as are necessary or advisable for public highways, streets, alleys, or other public purposes.
(c)When an order of sale of such real or personal property as is described in subsection
(a)of this section makes no specific provision for the sale of the property as a whole or in parts, the person authorized to make the sale has authority in his discretion to sell the property by whichever method described in subsection
(a)of this section he deems most advantageous. (1949, c. 719, s. 1; 1971, c. 268, s. 18.)