How should a deed be written to protect me if the buyer stops making payments? – North Carolina Short Answer In North Carolina, protection usually comes from choosing the right structure—not from adding payment terms into the deed itself. If the goal is for the property to stay in the seller’s name until paid in…
Should the listing agreement be signed by me as trustee in the trust’s name, and what documents will the agent and buyer need from the trust? – North Carolina Short Answer In North Carolina, a home held in a trust is typically sold by the trustee, so the listing agreement is usually signed in a…
What happens to the membership if the account holder dies, and how can heirs update the title? – North Carolina Short Answer In North Carolina, what happens after an account holder dies depends on what the “membership” legally is. If it is a timeshare estate, it is treated like real estate and typically must pass…
How can I file a quiet title case to show clear ownership when a deceased spouse is still listed on the deed? – North Carolina Short Answer In North Carolina, a quiet title case is typically filed in Superior Court to ask a judge to declare that the living spouse (or the living spouse’s successor)…
Can a neighbor’s deed help confirm my property’s legal description when my deed is missing? – North Carolina Short Answer A neighbor’s recorded deed can sometimes help confirm boundaries or clarify what a missing or unclear description was trying to describe, but it does not replace the missing deed and it does not, by itself,…
What steps ensure the sale proceeds are safely wired into my account after closing? – North Carolina Short Answer In North Carolina, the safest way to protect sale proceeds is to treat wiring instructions as high-risk information and verify them only through trusted, independently confirmed channels (not email). At closing, the settlement agent must follow…
Can we proceed to closing while waiting on confirmation that the power of attorney is valid? – North Carolina Short Answer Usually, a North Carolina real estate closing should not proceed to final signing and recording until the closing attorney is comfortable that the power of attorney (POA) is valid and covers the specific act…
How do I fix a trustee’s deed that appears to combine two separate parcels into one legal description? – North Carolina Short Answer In North Carolina, fixing a trustee’s deed that seems to merge two parcels usually starts with deciding whether the problem is a minor recording/typographical issue or a material description problem that could…
Do I need a property appraisal to use real estate as collateral for bond, and who can prepare it? – North Carolina Short Answer Often, yes. In North Carolina, when real estate is offered as collateral to secure a bond, the decision-maker (typically the court official handling the bond) commonly requires proof of the property’s…
Does the property stay in my name until the agreed payments are paid in full, or can the deed transfer immediately? – North Carolina Short Answer In North Carolina, the deed can transfer immediately, and if it does, the property generally will no longer stay in the current owner’s name just because there is a…
