Partition Action Q&A Series

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How can I negotiate a settlement agreement to sell a co-owned property without filing a court partition?: North Carolina

How can I negotiate a settlement agreement to sell a co-owned property without filing a court partition? – North Carolina Short Answer In North Carolina, co-owners (tenants in common) may agree in writing to sell inherited real estate privately without filing a partition case. If the estate is still open and the sale occurs within…

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What happens if one heir has moved and hasn’t been served before we sign a private sale agreement?: North Carolina Partition Action

What happens if one heir has moved and hasn’t been served before we sign a private sale agreement? – North Carolina Short Answer In North Carolina, you cannot complete a private sale of heirs’ property unless every co-owner signs or a court orders the sale. If one heir has moved and hasn’t been served or…

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What documents do I need to prove the current mortgage servicer and assignment in a partition action?: North Carolina

What documents do I need to prove the current mortgage servicer and assignment in a partition action? – North Carolina Short Answer In a North Carolina partition action, bring certified Register of Deeds copies of the recorded deed of trust and all recorded assignments to show the current lienholder, and written proof of any servicing…

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How can I calculate a fair buyout amount for my co-owner’s share?: North Carolina Partition Action

How can I calculate a fair buyout amount for my co-owner’s share? – North Carolina Short Answer In North Carolina, a fair buyout starts with the property’s fair market value, then adjusts for liens and each co-owner’s contributions and use of the property. Typically, you calculate net equity (value minus mortgages and sale-like costs), apply…

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Can I recover missed loan payments or repair costs when partitioning a co-owned vehicle?: North Carolina

Can I recover missed loan payments or repair costs when partitioning a co-owned vehicle? – North Carolina Short Answer Yes—North Carolina partition law lets a co-owner ask the court to sell a jointly owned vehicle and adjust the shares so the person who paid necessary carrying costs (like loan payments, taxes, insurance, or essential repairs)…

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How can I get reimbursed for roof repairs and extra mortgage principal payments in a partition action?: North Carolina

How can I get reimbursed for roof repairs and extra mortgage principal payments in a partition action? – North Carolina Short Answer In North Carolina partition cases, the Clerk of Superior Court can award a co-owner credits for necessary carrying costs (like taxes, insurance, HOA dues), necessary repairs (such as a roof to preserve the…

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How long should I expect to wait for the court to sign my summons in a special proceedings case?: North Carolina

How long should I expect to wait for the court to sign my summons in a special proceedings case? – North Carolina Short Answer In North Carolina special proceedings (including partition), the Clerk of Superior Court should issue (sign) the summons promptly—”forthwith”—and in any event within five days of filing. If your summons has been…

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Attorney Jared Pierce
Attorney Jared Pierce
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