What steps and documents are needed to transfer the other owner’s interest with a quitclaim deed held by the closing attorney while my refinance is processed? NC

What steps and documents are needed to transfer the other owner’s interest with a quitclaim deed held by the closing attorney while my refinance is processed? – North Carolina Short Answer In North Carolina, transferring a co-owner’s interest with a quitclaim deed during a refinance usually means: (1) the co-owner signs a properly notarized quitclaim…

Do I need to open probate or clear title before selling inherited land that has no liens but is still co-owned? – NC

Do I need to open probate or clear title before selling inherited land that has no liens but is still co-owned? – North Carolina Short Answer Usually, yes—some form of “title cleanup” is needed before a normal sale can close in North Carolina when inherited land is still owned by multiple heirs and not everyone…

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…