Pierce Law Group | Estate Administration Lawyers North Carolina
North Carolina Probate and Estate Administration Lawyers
Partition Action Q&A Series

Page 62 of 91

Can a partition action still move forward if the ownership interests are disputed or unclear among heirs and a surviving spouse? NC

Can a partition action still move forward if the ownership interests are disputed or unclear among heirs and a surviving spouse? – North Carolina Short Answer Yes. In North Carolina, a partition case can still move forward even when some co-owners are unknown or when heirs and a surviving spouse dispute who owns what share.…

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How do we figure out the land’s value so we can negotiate a buyout or settlement instead of going through a partition sale? NC

How do we figure out the land’s value so we can negotiate a buyout or settlement instead of going through a partition sale? – North Carolina Short Answer In North Carolina, the most settlement-friendly way to value inherited co-owned land is usually a written opinion from a licensed real estate appraiser, supported by recent comparable…

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If we agree on a buyout number, can we finalize it without going to court, and what paperwork is needed to transfer my interest? NC

If we agree on a buyout number, can we finalize it without going to court, and what paperwork is needed to transfer my interest? – North Carolina Short Answer Yes. In North Carolina, co-owners can usually complete a voluntary buyout without filing a partition case, as long as everyone signs a written agreement and the…

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If one co-owner has been paying the mortgage, can they make me personally pay them back just because I lived there during the marriage? NC

If one co-owner has been paying the mortgage, can they make me personally pay them back just because I lived there during the marriage? – North Carolina Short Answer In North Carolina, a co-owner who paid the mortgage can usually ask for reimbursement (called “contribution”) in a partition case, but that is typically handled as…

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If my parent’s money paid to build the house, can I claim the house as my inheritance even though the land deed lists other family members? NC

If my parent’s money paid to build the house, can I claim the house as my inheritance even though the land deed lists other family members? – North Carolina Short Answer Usually not by inheritance alone. In North Carolina, a house built on land is generally treated as part of the real estate, so ownership…

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Can we use mediation or a written agreement to set terms for timing of the sale, choosing a realtor, and handling repairs and listing decisions? NC

Can we use mediation or a written agreement to set terms for timing of the sale, choosing a realtor, and handling repairs and listing decisions? – North Carolina Short Answer Yes. In North Carolina, co-owners can use mediation and a written settlement agreement to set practical terms for a sale, including the timeline, who will…

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Attorney Jared Pierce
Attorney Jared Pierce
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