Can the property taxes and upkeep I’ve paid be credited toward any buyout amount or settlement? NC

Can the property taxes and upkeep I’ve paid be credited toward any buyout amount or settlement? – North Carolina Short Answer Often, yes. In North Carolina, when family members co-own a home, a co-owner who pays necessary carrying costs like property taxes (and sometimes insurance or necessary repairs) can usually ask for an “accounting” so…

Can a buyer close without title insurance, and what protections or contract terms could reduce the risk if they do? – NC

Can a buyer close without title insurance, and what protections or contract terms could reduce the risk if they do? – North Carolina Short Answer Under North Carolina law, a buyer may close on real estate without purchasing title insurance, but doing so shifts most of the risk of hidden title defects, liens, and competing…

How can I proceed with a partition when the land is split into separate nearby parcels and includes mobile homes? – NC

How can I proceed with a partition when the land is split into separate nearby parcels and includes mobile homes? – North Carolina Short Answer In North Carolina, a co-owner may file a partition action in superior court even when the land consists of several nearby tracts and includes mobile or manufactured homes. The court…

If an heir has a cognitive disability, how do we get a valid signature or court approval to transfer their share? – NC

If an heir has a cognitive disability, how do we get a valid signature or court approval to transfer their share? – North Carolina Short Answer Under North Carolina law, an heir with a significant cognitive disability generally cannot sign away a real estate interest unless that person actually understands the transaction. If capacity is…