North Carolina Statutes

§ 45-21.15 — Trustee's fees

North Carolina § 45-21.15
JurisdictionNorth Carolina
Ch. 45Mortgages and Deeds of Trust
Art. 2ASales Under Power of Sale

This text of North Carolina § 45-21.15 (Trustee's fees) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.C. Gen. Stat. § 45-21.15 (2026).

Text

(a)When a sale has been held, the trustee is entitled to such compensation, if any, as is stipulated in the instrument.
(b)When no sale has actually been held, compensation for a trustee's services is determined as follows:
(1)If no compensation for the trustee's services in holding a sale is provided for in the instrument, the trustee is not entitled to any compensation;
(2)If compensation is specifically provided for the trustee's services when no sale is actually held, the trustee is entitled to such compensation;
(3)If the instrument provides for compensation for the trustee's services in actually holding a sale, but does not provide compensation for the trustee's services when no sale is actually held, the trustee is entitled to compensation as follows:
(i)one-fourth of the comp

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Bluebook (online)
North Carolina § 45-21.15, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/45-21.15.