Can I force the lender to provide mortgage and deed of trust information as a co-owner?: North Carolina partition actions and lender disclosures

Can I force the lender to provide mortgage and deed of trust information as a co-owner? – North Carolina Short Answer In North Carolina, being a co-owner on title alone does not require a lender to share loan details with you. But in a partition case, you can obtain payoff, reinstatement, and deed of trust…

What happens if an inherited property goes into foreclosure before partition is complete?: North Carolina

What happens if an inherited property goes into foreclosure before partition is complete? – North Carolina Short Answer In North Carolina, a lender can foreclose even if a partition case is pending. If every co-owner signed the deed of trust, a completed foreclosure will usually end the co-owners’ title and the partition case becomes moot,…

What should I expect at the hearing to request release of funds from the property sale?: North Carolina partition actions

What should I expect at the hearing to request release of funds from the property sale? – North Carolina Short Answer In North Carolina partition cases, the Clerk of Superior Court typically releases sale proceeds after the sale is confirmed, required costs and liens are addressed, and all co-owners have notice and an opportunity to…

How can I confirm that every co-owner has been properly served with the partition petition?

How can I confirm that every co-owner has been properly served with the partition petition? – North Carolina Short Answer In North Carolina partition cases, every co-owner (cotenant) must be served with the Special Proceedings Summons and Petition under Rule 4 before the Clerk of Superior Court moves the case forward or releases sale proceeds.…