Is it reasonable to coordinate a personal property exchange at closing, and when is it appropriate to request a deputy to be present? NC

Is it reasonable to coordinate a personal property exchange at closing, and when is it appropriate to request a deputy to be present? – North Carolina Short Answer Yes. In North Carolina, it is often reasonable to coordinate a narrow, well-defined personal property exchange at or near a closing in a partition-related buyout, because it…

If paperwork is required, does the sibling who lived in the home need to be named as a respondent, and could that create problems? NC

If paperwork is required, does the sibling who lived in the home need to be named as a respondent, and could that create problems? – North Carolina Short Answer In North Carolina, if a partition case gets filed, all co-owners (cotenants) must be joined and served as respondents—even if everyone agrees to sell. So if…

Can I get reimbursed for mortgage payments and carrying costs I covered if the court orders a sale? – NC

Can I get reimbursed for mortgage payments and carrying costs I covered if the court orders a sale? – North Carolina Short Answer Yes—North Carolina law generally allows a co-owner (cotenant) to seek contribution (reimbursement) in a partition case for “carrying costs” paid to preserve the property, including mortgage payments, property taxes, insurance, and certain…