In re the Foreclosure of the Deed of Trust of Vogler Realty, Inc.
Supreme Court of North Carolina
1Opinion of the Court
JACKSON, Justice.
In this appeal we consider whether the clerk of superior court has the authority to determine the reasonableness of attorney’s fees that a trustee-attorney in a foreclosure proceeding pays to himself in addition to his trustee’s commission. Because we hold that the clerk of superior court lacks this authority, we affirm.
On 26 June 1997, Vogler Realty, Inc. (“debtor”) executed a promissory note payable to J.B. Lee & Company (“creditor”) in the principal amount' of $250,000.00. The promissoiy note was secured by a duly recorded deed of trust on commercial real estate owned by…
2Cases cited25 opinions
- Abbitt v. . GregorySupreme Court of North Carolina · 1931
- Leandro v. StateSupreme Court of North Carolina · 1997
- Diaz v. Division of Social ServicesSupreme Court of North Carolina · 2006
- In Re the Summons Issued to Ernst & Young, LLPSupreme Court of North Carolina · 2009
- Lithium Corp. of America v. Town of Bessemer CitySupreme Court of North Carolina · 1964
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