What disclosure obligations apply when selling a late parent’s property through an agent?

What disclosure obligations apply when selling a late parent’s property through an agent? – North Carolina Short Answer In North Carolina, sellers of most residential homes must give buyers a standardized disclosure before the buyer makes an offer; estates may qualify for limited exemptions. Regardless of any form or “as-is” language, the seller and the…

How do I handle a buyer’s inspection report revealing an undisclosed hole in the flooring substrate?: North Carolina guidance for estate home sales

How do I handle a buyer’s inspection report revealing an undisclosed hole in the flooring substrate? – North Carolina Short Answer In North Carolina, once you know about a material defect, disclose it in writing and decide—promptly and in good faith—whether to repair, offer a credit, or renegotiate during the buyer’s due diligence period. If…

Can I demand repairs or a price adjustment for undisclosed structural damage in a real estate sale?: North Carolina guidance

Can I demand repairs or a price adjustment for undisclosed structural damage in a real estate sale? – North Carolina Short Answer In North Carolina, you generally cannot unilaterally demand repairs or a price change once a home is under contract. Changes require a written amendment signed by both buyer and seller, usually negotiated during…

What can I do if my realtor delays or withholds inspection reports and comparable sales data?: Practical steps under North Carolina law

What can I do if my realtor delays or withholds inspection reports and comparable sales data? – North Carolina Short Answer In North Carolina, a real estate agent who represents you owes duties of loyalty, disclosure of material information, and accounting. Withholding or delaying inspection reports, comparable sales, or offers can breach those duties and…

Can I challenge a realtor’s demand to repair a nonexistent defect before closing?: Clear steps under North Carolina law

Can I challenge a realtor’s demand to repair a nonexistent defect before closing? – North Carolina Short Answer Yes. In North Carolina, a seller is not required to make repairs unless the signed contract or a later written addendum says so. If a claimed defect is unverified, you can refuse the repair, demand documentation, or…

What remedies exist if a realtor accepts a low offer without disclosing higher comparables?: Answered under North Carolina law

What remedies exist if a realtor accepts a low offer without disclosing higher comparables? – North Carolina Short Answer In North Carolina, a seller can pursue claims against a broker for breach of fiduciary duty, misrepresentation, and unfair or deceptive trade practices if the broker pushes a low offer while withholding material market data. Remedies…

How do I verify repair requests and appliance valuations made by a realtor?: North Carolina seller’s guide

How do I verify repair requests and appliance valuations made by a realtor? – North Carolina Short Answer In North Carolina, your listing agent must promptly share material information and act in your interest. You can insist on the full inspection report, itemized contractor estimates with photos, and appliance details (make, model, serial number, age)…

What evidence do I need to prove the deed was executed when my relative was competent?: North Carolina

What evidence do I need to prove the deed was executed when my relative was competent? – North Carolina Short Answer In North Carolina, you prove a grantor’s competency by presenting first-hand, near‑the‑time evidence that, at signing, the grantor understood the nature and effect of conveying the property. Helpful proof includes the notarized deed and…

Can I recover the legal fees paid for filing the deed correction petition?: North Carolina Real Estate

Can I recover the legal fees paid for filing the deed correction petition? – North Carolina Short Answer Usually no. In North Carolina, each party pays their own attorney fees unless a statute, court rule, or contract allows fee-shifting. In a straightforward, uncontested deed correction, the court may tax routine court costs (like filing, service,…