What can I do if the estate administrator refuses to share rental income and expense records before mediation?: North Carolina

What can I do if the estate administrator refuses to share rental income and expense records before mediation? – North Carolina Short Answer In North Carolina, you can ask the Clerk of Superior Court to order the personal representative (estate administrator) to provide a full, itemized accounting of the estate’s receipts and disbursements. If the…

How do I include indemnification for unpaid property taxes and rental proceeds in a buyout agreement?: Practical guidance for North Carolina

How do I include indemnification for unpaid property taxes and rental proceeds in a buyout agreement? – North Carolina Short Answer In North Carolina, you can build indemnification for unpaid property taxes and unremitted rental proceeds directly into a written buyout agreement. Specify what is covered (taxes, penalties, interest, and rents through a defined date),…

Should I consider a partition action instead of a quiet title action for my property?: Clear guidance for North Carolina property owners

Should I consider a partition action instead of a quiet title action for my property? – North Carolina Short Answer In North Carolina, a partition action is used to split or sell property that has multiple co-owners; a sole owner cannot use partition. A quiet title action is used to resolve an adverse claim or…

Could lack of early documentation about my relative cause a title challenge?: Answered under North Carolina law

Could lack of early documentation about my relative cause a title challenge? – North Carolina Short Answer Yes. In North Carolina, real estate passes to heirs or devisees at death, but buyers, lenders, and title insurers rely on recorded proof. Missing probate filings, unrecorded deeds from heirs, or unidentified descendants can leave a “cloud” on…

How can I clear title issues on inherited property after co-owners signed over their shares?: Clear your inherited title without a partition in North Carolina

How can I clear title issues on inherited property after co-owners signed over their shares? – North Carolina Short Answer In North Carolina, once co-owners deed their interests to you, you generally do not need a partition. To prevent future challenges from old claims or unknown heirs, owners typically file a civil action in Superior…

What should I include in an indemnification clause to protect against future tax liabilities when dissolving the partnership?: Practical steps for a North Carolina buyout

What should I include in an indemnification clause to protect against future tax liabilities when dissolving the partnership? – North Carolina Short Answer In North Carolina, an effective tax indemnification clause in a partnership buyout should clearly define the taxes covered, the time periods they relate to, who pays and defends any tax claim, and…

What can I do if my co-owner doesn’t provide necessary rental income records before mediation?

What can I do if my co-owner doesn’t provide necessary rental income records before mediation? – North Carolina Short Answer In North Carolina partition cases, you can ask the Clerk of Superior Court to order pre-mediation document exchange and authorize subpoenas for bank, management, and tax records. If your co-owner still withholds records, you can…