What are my options for valuing my interest and securing a buyout or sale if I can’t agree with the surviving spouse?: Practical paths to value, buyout, or sale when co-owners disagree

What are my options for valuing my interest and securing a buyout or sale if I can’t agree with the surviving spouse? – North Carolina Short Answer In North Carolina, you can file a partition action, a special proceeding before the Clerk of Superior Court, to force either a division of the land or a…

What happens if the court-appointed commissioner delays submitting the final fee report?: North Carolina Partition Actions

What happens if the court-appointed commissioner delays submitting the final fee report? – North Carolina Short Answer In North Carolina partition sales, the Clerk of Superior Court will not order distribution of sale proceeds until the commissioner files a final report and fee request and the clerk taxes costs and approves fees. If the commissioner…

How do I challenge unreasonable commissioner fees in a partition action?: North Carolina

How do I challenge unreasonable commissioner fees in a partition action? – North Carolina Short Answer In North Carolina partition cases, the Clerk of Superior Court reviews and approves the commissioner’s fees. You can challenge the amount by filing written objections to the commissioner’s final report and presenting evidence at the approval hearing. The clerk…

What exactly does the commissioner do in a partition sale and how do I stay informed?: North Carolina Partition Action

What exactly does the commissioner do in a partition sale and how do I stay informed? – North Carolina Short Answer In a North Carolina partition sale, the court-appointed commissioner is a neutral who manages the sale: preparing the property, advertising or listing it, conducting the sale under judicial sale rules, handling upset bids, reporting…

How do I determine the fair market value of my inherited share when other heirs are selling to one person?: North Carolina

How do I determine the fair market value of my inherited share when other heirs are selling to one person? – North Carolina Short Answer In North Carolina, fair market value for a co-owned inherited tract is determined by valuing the whole property and multiplying by your fractional share. If the land qualifies as “heirs…