How do I protect my co-tenant interest if the house sale price drops below our buyout threshold?

How do I protect my co-tenant interest if the house sale price drops below our buyout threshold? – North Carolina Short Answer In North Carolina, you can file a partition proceeding with the Clerk of Superior Court to trigger statutory protections for co-tenants, including an appraisal and a potential buyout right if the property qualifies…

What happens if the lender forecloses when there’s little equity left?: Clear steps for North Carolina heirs and co-owners

What happens if the lender forecloses when there’s little equity left? – North Carolina Short Answer In North Carolina, a foreclosure sale pays foreclosure costs and the mortgage first. If the high bid is greater than the debt, any surplus is paid into the Clerk of Superior Court and then to the owners/heirs who prove…

What evidence is needed to prove a fraudulent property deed?: North Carolina

What evidence is needed to prove a fraudulent property deed? – North Carolina Short Answer In North Carolina, you prove a fraudulent or forged deed with clear, cogent, and convincing evidence. Strong proof includes testimony from the supposed signers denying the signatures, handwriting expert opinions, notary records that don’t line up, and the closing file…

How can I challenge a deed transfer if my siblings’ signatures were forged?: North Carolina steps to cancel a forged deed and protect title

How can I challenge a deed transfer if my siblings’ signatures were forged? – North Carolina Short Answer In North Carolina, you challenge a forged deed by filing a civil action in Superior Court to cancel the deed and quiet title. You should name the current record owner and any prior grantees, gather proof the…

What happens if I miss the deadline to sign the order distributing sale proceeds?: North Carolina Partition Action

What happens if I miss the deadline to sign the order distributing sale proceeds? – North Carolina Short Answer In a North Carolina partition sale, your signature is not legally required for the court to enter a distribution order. If you miss the signing deadline, distribution usually pauses until the Clerk of Superior Court enters…