In re the Foreclosure of the Deed of Trust of Vogler Realty, Inc.
Supreme Court of North Carolina
1DissentJustice Newby
Today we are faced with a power of sale trustee-attorney who mistakenly paid himself an attorney’s fee based on N.C.G.S. § 6-21.2(2). The question before us is whether there is a judicial role in correcting that error. Though it recognizes that the trustee improperly relied on N.C.G.S. § 6-21.2(2), the majority holds that the clerk of superior court lacks the authority to determine the reasonableness of that fee. The majority’s rigid view gives the trustee sole power over the distribution of proceeds in a power of sale foreclosure. Here this position results in a clear wrong that has no…
2Cases cited11 opinions
- Nucor Corp. v. General Bearing Corp.Supreme Court of North Carolina · 1992
- Matter of Estate of AdameeSupreme Court of North Carolina · 1976
- Coastal Production Credit Ass'n v. Goodson Farms, Inc.Court of Appeals of North Carolina · 1984
- Hall v. SimmonsSupreme Court of North Carolina · 1991
- Owensby v. OwensbySupreme Court of North Carolina · 1984
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