What steps do I need to complete a deed transfer when another firm is involved and I’m waiting on their instructions?: North Carolina Real Estate

What steps do I need to complete a deed transfer when another firm is involved and I’m waiting on their instructions? – North Carolina Short Answer In North Carolina, title is conveyed by a properly signed and notarized deed that is delivered and then recorded in the county Register of Deeds where the property sits.…

How do I verify the identity and authority of someone who says they are reaching out about my property?: North Carolina — Real Estate

How do I verify the identity and authority of someone who says they are reaching out about my property? – North Carolina Short Answer In North Carolina, ask for two things: proof of identity (a government-issued photo ID) and proof of legal authority tied to the property (for example, a recorded power of attorney, current…

Can I authorize a representative to discuss my property with a third party, and what permissions or forms are typically needed?: North Carolina – Real Estate

Can I authorize a representative to discuss my property with a third party, and what permissions or forms are typically needed? – North Carolina Short Answer Yes. In North Carolina, a simple written authorization usually lets a designated person talk about a property matter with a third party, but it does not allow signing or…

What is the difference between a general warranty deed and a quitclaim deed, and which should I use to transfer my property?

What is the difference between a general warranty deed and a quitclaim deed, and which should I use to transfer my property? – North Carolina Short Answer In North Carolina, a general warranty deed guarantees clear title against all claims, past and present, and obligates the seller to defend title. A quitclaim deed gives whatever…

Who pays taxes, insurance, and major repairs when someone has lifetime rights to a home?: North Carolina

Who pays taxes, insurance, and major repairs when someone has lifetime rights to a home? – North Carolina Short Answer Under North Carolina law, a life tenant (the person with lifetime rights) generally pays the ongoing carrying costs: annual property taxes, hazard insurance for their occupancy, routine maintenance, and interest on any existing mortgage. The…