Can I get credit for the extra down payment I made when we bought our house together?: Answered under North Carolina law

Can I get credit for the extra down payment I made when we bought our house together? – North Carolina Short Answer Yes, North Carolina’s partition process allows a co-owner to ask the Clerk of Superior Court for credits when the property is divided or sold. Credits can include unequal down payments (especially if there…

What steps can I take to delay the deadline for responding to a partition complaint?: Practical options to extend time to answer in North Carolina

What steps can I take to delay the deadline for responding to a partition complaint? – North Carolina Short Answer In North Carolina partition cases, you typically have 10 days from service of the Special Proceedings Summons to file a written answer. To delay that deadline, ask the petitioner to consent to an extension and…

Is mediation a good way to avoid a court-ordered sale of jointly owned property?: North Carolina partition actions

Is mediation a good way to avoid a court-ordered sale of jointly owned property? – North Carolina Short Answer Yes. In North Carolina partition cases, the Clerk of Superior Court can order or allow mediation. Mediation often lets co-owners negotiate a buyout, credits for mortgage/tax payments and improvements, and timelines to refinance or sell—avoiding a…

How can I seek compensation for carrying costs and maintenance I paid after my partner moved out?: North Carolina partition options and credits

How can I seek compensation for carrying costs and maintenance I paid after my partner moved out? – North Carolina Short Answer In North Carolina partition cases, the Clerk of Superior Court can account for each co-owner’s payments and award credits for necessary carrying costs like mortgage (especially principal), property taxes, insurance, and essential repairs.…

Can I draft a right of first refusal agreement for a buyer who isn’t yet pre-approved?: North Carolina guidance for heirs’ property

Can I draft a right of first refusal agreement for a buyer who isn’t yet pre-approved? – North Carolina Short Answer Yes, but only within tight limits. In North Carolina, a right of first refusal (ROFR) on heirs’ property binds the whole parcel only if all co-owners sign—and during an open estate, the personal representative…

How can I sell my inherited interest in property outside the estate without using a realtor?: North Carolina

How can I sell my inherited interest in property outside the estate without using a realtor? – North Carolina Short Answer In North Carolina, you can sell your undivided inherited interest without using a realtor, but the sale must respect the estate’s creditor period and the personal representative’s (executor/administrator’s) rights. Title to real estate passes…

How do I handle a tenant if the disqualified spouse leased out the property before we sell it?: North Carolina Partition Action

How do I handle a tenant if the disqualified spouse leased out the property before we sell it? – North Carolina Short Answer In North Carolina, when a spouse is disqualified under the Slayer statute, the decedent’s real property passes to the heirs at the moment of death. A lease the disqualified spouse signed afterward…