How to Access and Review an Unclaimed Property Account on NCCash.com Detailed Answer NCCash.com is the official unclaimed-property portal operated by the North Carolina Department of State Treasurer. When businesses, banks, or insurers cannot locate the rightful owner of money or property for a statutory period (usually 1–5 years), they must transfer it to the…
How North Carolina Probate Courts Determine Fair Market Value of Personal Property Detailed Answer In North Carolina probate, the personal representative (executor or administrator) must list every non-real-estate item the decedent owned and report its fair market value (FMV) on the date of death. The governing statute, N.C. Gen. Stat. § 28A-20-1, requires the inventory…
Determining Ownership When a Deceased Parent Is the Only Name on the Deed Detailed Answer 1. Confirm the Current Record Title Start by visiting the Register of Deeds in the county where the property sits. Ask for the most recent deed and any later recordings (such as mortgages or releases). If your parent’s name is…
Detailed Answer If two or more co-owners cannot agree on what to do with jointly held North Carolina real estate, a court-supervised partition action can break the deadlock. Under N.C. Gen. Stat. Chapter 46A, a co-owner may petition the clerk of superior court in the county where the land lies. The petition starts a special proceeding…
Detailed Answer North Carolinas Solution: A Partition Action If you and your relatives inherited real estate but disagree on what to do with it, the North Carolina partition action gives any co-owner the right to ask the court to split or sell the property. The rules live in N.C. Gen. Stat. Chapter 46A. Who May File?…
How to Protect North Carolina Property from County Tax Foreclosure When the Owners Cannot Pay Taxes Detailed Answer County tax foreclosure moves quickly in North Carolina, but co-owners have several tools to avoid losing the land. Below is a step-by-step roadmap that blends property-tax law with partition procedures so you can act before the county…
How Does a North Carolina Partition Action Work to Resolve a Dispute Among Multiple Owners? Detailed Answer When two or more people own real estate together and cannot agree on what to do with it, North Carolina law allows any co-owner to ask the court for a partition. A partition action forces a legal solution—either…
Detailed Answer North Carolina law expects a personal representative (executor or administrator) to make “reasonable diligence” efforts to locate and notify every heir who may have an interest in an estate. While Chapter 28A of the North Carolina General Statutes does not spell out an item-by-item checklist, clerks of superior court routinely apply the same…
How an Administrator Can Locate and Verify Potential Heirs in North Carolina When Only Limited Information Exists Detailed Answer Why Identifying Heirs Matters The clerk of superior court will not let an estate close until the administrator shows that every heir at law received proper notice and that each share of the estate went to…
North Carolina Probate FAQ: How Do I Notify Creditors and Medical Debt Collectors? Detailed Answer North Carolina law requires the personal representative (executor or administrator) to give formal notice to anyone who might be owed money by the decedent. The core rules come from N.C. Gen. Stat. § 28A-14-1 through § 28A-19-3. Below is the…
