N.C. Gen. Stat. § 157-22

Title obtained at foreclosure sale subject to agreement with government.

Last amended: 1935Year: 2026Length: 83 wordsOfficial source
§ 157-22. Title obtained at foreclosure sale subject to agreement with government. Notwithstanding anything in this Article to the contrary, any purchaser or purchasers at a sale of real or personal property of the authority whether pursuant to any foreclosure of a mortgage, pursuant to judicial process or otherwise, shall obtain title subject to any contract between the authority and a government relating to the supervision by a government of the operation and maintenance of such property and the construction of improvements thereon.
N.C. Gen. Stat. § 157-22: Title obtained at foreclosure sale subject to agreement with government. | Justis AI