Can we complete a valid sale and distribute proceeds if not all co-owners are able to sign off in person? – North Carolina Short Answer In North Carolina, you can close a private sale of the whole property only if every co-owner signs the deed (or authorizes someone to sign for them). If a co-owner…
How do we choose and agree on a neutral realtor or broker for a joint property sale? – North Carolina Short Answer In North Carolina, co-owners (tenants in common) should put a written, unanimous agreement in place that names a neutral, North Carolina-licensed broker, sets listing terms, and authorizes one person to sign documents for…
How can the heirs avoid court costs and real estate commission fees when selling our inherited home? – North Carolina Short Answer In North Carolina, heirs can avoid court costs by agreeing to a private sale without filing a partition case—every co-owner must sign the listing agreement and deed (or authorize someone in writing to…
What happens if one heir has moved and hasn’t been served before we sign a private sale agreement? – North Carolina Short Answer In North Carolina, you cannot complete a private sale of heirs’ property unless every co-owner signs or a court orders the sale. If one heir has moved and hasn’t been served or…
Can I file a motion to dismiss if the other side claims they never got my extension request? – North Carolina Short Answer Yes, you can move to dismiss under North Carolina law, but the better first step in a partition case is usually to ask the Clerk of Superior Court to order joinder of…
What happens if a necessary party like a mortgage lender is left out of a partition lawsuit? – North Carolina Short Answer In North Carolina, a partition case should include any person whose rights will be affected by the division or sale, including a mortgage lender or deed-of-trust beneficiary. If a necessary party is omitted,…
How can I challenge a partition action when the mortgage lender wasn’t included? – North Carolina Short Answer In North Carolina, a partition case cannot move forward without all necessary parties, which typically includes the current deed of trust holder on the property. You can file a motion to dismiss or, more commonly, a motion…
How do I switch from respondent to petitioner in a partition case? – North Carolina Short Answer In North Carolina, you don’t have to change your label to pursue relief in a partition case. As a respondent, you can file your own petition or counterclaim for partition in the same special proceeding, ask the Clerk…
What documents do I need to prove the current mortgage servicer and assignment in a partition action? – North Carolina Short Answer In a North Carolina partition action, bring certified Register of Deeds copies of the recorded deed of trust and all recorded assignments to show the current lienholder, and written proof of any servicing…
How can I calculate a fair buyout amount for my co-owner’s share? – North Carolina Short Answer In North Carolina, a fair buyout starts with the property’s fair market value, then adjusts for liens and each co-owner’s contributions and use of the property. Typically, you calculate net equity (value minus mortgages and sale-like costs), apply…