Can I offset my carrying costs to reduce the heirs’ share in a partition action?: North Carolina

Can I offset my carrying costs to reduce the heirs’ share in a partition action? – North Carolina Short Answer Yes. In a North Carolina partition case, a cotenant who paid necessary carrying costs (like mortgage payments, property taxes, insurance, and necessary repairs) can ask the Clerk of Superior Court to credit those payments before…

How can I protect my share of the land when my half sibling insists on taking the first parcels?: North Carolina Partition Action

How can I protect my share of the land when my half sibling insists on taking the first parcels? – North Carolina Short Answer In North Carolina, one co-owner cannot unilaterally “pick first.” If you cannot agree, you can file a partition action with the Clerk of Superior Court. The court prefers an in-kind split…

Can I ask the court to sell the property instead of physically dividing it, and how does that process work?: A North Carolina guide

Can I ask the court to sell the property instead of physically dividing it, and how does that process work? – North Carolina Short Answer Yes. In North Carolina, a co-owner can ask the Clerk of Superior Court to order a sale instead of dividing the land if a physical division would cause substantial injury…

Is there a way to delay or stop foreclosure until the partition sale is completed?: North Carolina

Is there a way to delay or stop foreclosure until the partition sale is completed? – North Carolina Short Answer Yes—under North Carolina law you can ask a Superior Court judge to temporarily stop a power-of-sale foreclosure while a court-supervised sale (partition or estate sale) is arranged, but you must act before the foreclosure purchaser’s…

How does a partition action work when the property is already in foreclosure?: North Carolina law explained

How does a partition action work when the property is already in foreclosure? – North Carolina Short Answer In North Carolina, a partition case can proceed even if a foreclosure is pending. The deed of trust still comes first: any partition sale proceeds must pay the mortgage and foreclosure costs before co-owners split what is…