What happens to the non-signing co-owner’s share if the property is sold through a partition case? nc

What happens to the non-signing co-owner’s share if the property is sold through a partition case? – North Carolina Short Answer In North Carolina, a partition sale does not erase a co-owner’s ownership interest just because that person refused to sign. Instead, the court sale converts each co-owner’s interest in the land into a ratable…

Do I need receipts and statements to prove carrying costs and repairs, or can we settle using reasonable totals and estimates? nc

Do I need receipts and statements to prove carrying costs and repairs, or can we settle using reasonable totals and estimates? – North Carolina Short Answer In North Carolina partition cases, a co-owner who wants credit for mortgage payments, taxes, insurance, and repairs should expect to prove the amounts with documents whenever possible. Parties can…

What happens at the partition hearing if we’re close to a settlement but the paperwork or financing isn’t finalized yet? nc

What happens at the partition hearing if we’re close to a settlement but the paperwork or financing isn’t finalized yet? – North Carolina Short Answer In a North Carolina partition case, the hearing can still go forward even if the co-owners are close to a buyout settlement. If the settlement is not signed and ready…

Can I offset what the other party says I owe for household items with what I’ve been paying to store their belongings? nc

Can I offset what the other party says I owe for household items with what I’ve been paying to store their belongings? – North Carolina Short Answer Sometimes, but it depends on whether the storage payments are a recognized claim in the partition case and whether the court will treat the household-items dispute as part…