If an execution is issued on a judgment, within the time provided by N.C. Gen. Stat. § 1-306, and a sale, by authority of that execution, is commenced within the time provided by N.C. Gen. Stat. § 1-310, the sale, including? any resale, may be had and completed even though such sales, resales or other procedure are had after the time when the execution is required to be returned by N.C. Gen. Stat. § 1-310, or after the time within which an execution could be issued with respect to such judgment pursuant to the provisions of N.C. Gen. Stat. § 1-306 For the purpose of this section, a sale is commenced when the notice of sale is first published in the case of real property as required by N.C. Gen. Stat. § 1-339.52, or first posted in the case of personal property as required by N.C. Gen. Stat. § 1-339.53 (1949, c. 719, s. 1.)

Terms Used In North Carolina General Statutes 1-339.48

  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Sale: means an execution sale;