Currituck Associates-Residential Partnership v. Hollowell

GEER, Judge.

Appellants Ray E. Hollowell, Jr. and Shallowbag Bay Development Company, LLC appeal the trial court’s orders setting the amount of an appeal bond under N.C. Gen. Stat. § 1-292 (2003). 1 While we agree with appellants that the record currently contains insufficient evidence to support the $1 million bond ordered by the trial court, we disagree with appellants that an appropriate bond would be $1.00. Accordingly, we remand to the trial court for further proceedings to determine the amount of the bond required under N.C. Gen. Stat. § 1-292.

This appeal arises out of real estate…