Can I recover my share of rent collected by a co-owner who has been renting out the inherited house without paying me? nc

Can I recover my share of rent collected by a co-owner who has been renting out the inherited house without paying me? – North Carolina Short Answer Yes. Under North Carolina law, co-owners (cotenants) generally share proportionally in rents received from third parties, and a cotenant who received more than their share can be required…

How do I add additional relatives as parties in a partition case if they may have an ownership interest in the property? nc

How do I add additional relatives as parties in a partition case if they may have an ownership interest in the property? – North Carolina Short Answer In North Carolina, a partition case should include all current co-owners (tenants in common and joint tenants) as parties, and the court can also bring in other people…

What happens if the other co-owner signs an occupancy agreement but then violates it by letting people move in anyway? nc

What happens if the other co-owner signs an occupancy agreement but then violates it by letting people move in anyway? – North Carolina Short Answer In North Carolina, a co-owner can make an occupancy agreement about who may live in the home, but if the other co-owner violates it, the remedy usually comes from enforcing…

What can I do if a co-owner throws away or withholds the deceased person’s mail and important documents needed to handle the property?

What can I do if a co-owner throws away or withholds the deceased person’s mail and important documents needed to handle the property? – North Carolina Short Answer In North Carolina, the cleanest way to regain control of a deceased person’s important mail and property documents is usually to open an estate and have a…

What documents or accounting does the commissioner need before the court will release the proceeds? nc

What documents or accounting does the commissioner need before the court will release the proceeds? – North Carolina Short Answer In a North Carolina partition-by-sale case, the clerk typically will not release sale proceeds until the commissioner files the required sale report(s) and a clear accounting showing the gross sale price, allowed costs, and the…

Can I sell or gift my undivided interest in inherited property to another heir without getting all the other heirs to sign anything? nc

Can I sell or gift my undivided interest in inherited property to another heir without getting all the other heirs to sign anything? – North Carolina Short Answer Often, yes. In North Carolina, a co-owner (cotenant) can usually sell or gift only that co-owner’s own undivided interest in inherited property without the other heirs signing…

How do we approach the other heirs about buying us out, and how is a fair price for our ownership interest usually determined? NC

How do we approach the other heirs about buying us out, and how is a fair price for our ownership interest usually determined? – North Carolina Short Answer In North Carolina, a buyout usually starts as a practical negotiation among co-owners: confirm who owns what, propose a valuation method, and set clear terms for timing,…