If one co-owner is also owed money under a separate loan agreement, does that loan get paid back in full before the sale proceeds are split among the owners? NC
If one co-owner is also owed money under a separate loan agreement, does that loan get paid back in full before the sale proceeds are split among the owners? – North Carolina Short Answer Not automatically. In a North Carolina partition sale, the sale proceeds are typically used to pay sale costs and any valid…
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