GENERAL ASSEMBLY OF NORTH CAROLINA
AN ACT TO ELIMINATE THE REQUIREMENT THAT A NOTICE OF SALE DESCRIBE IMPROVEMENTS ON THE PROPERTY.
The General Assembly of North Carolina enacts:
Section 1. G.S. 45-21.16A(3) reads as rewritten:
"(3) Describe the real property
improvements thereon) to be sold in such a manner as is reasonably
calculated to inform the public as to what is being sold, which description may
be in general terms and incorporate the description as used in the instrument
containing the power of sale by reference thereto. Any property described in
the instrument containing the power of sale which is not being offered for sale
should also be described in such a manner as to enable prospective purchasers
to determine what is and what is not being offered for sale."
Sec. 2. This act is effective upon ratification.
In the General Assembly read three times and ratified this the 26th day of June, 1987.