News and Articles

Page 352 of 672

Real Estate Q&A Series

Can I sue the home inspector or appraisal professional for missing or misreporting major issues with the property? – NC

Can I sue the home inspector or appraisal professional for missing or misreporting major issues with the property? – North Carolina Short Answer Possibly. In North Carolina, a home inspector can face liability when the inspector fails to follow the inspection contract and the required standards of practice, or when the report contains negligent misstatements…

Read more
Probate Q&A Series

Can an executor deed property to a custodian under the Uniform Transfers to Minors Act so a child owns it upon reaching adulthood? – NC

Can an executor deed property to a custodian under the Uniform Transfers to Minors Act so a child owns it upon reaching adulthood? – North Carolina Short Answer Sometimes. In North Carolina, a personal representative can transfer (including by deed) an interest in real estate to a UTMA custodian for a minor, but the authority…

Read more
Probate Q&A Series

Do I need to open full probate if the only assets are household items, a vehicle, and a bank account that already lists a family member? NC

Do I need to open full probate if the only assets are household items, a vehicle, and a bank account that already lists a family member? – North Carolina Short Answer Not always. In North Carolina, full probate (a full estate administration with a court-appointed personal representative) is often unnecessary when the remaining property is…

Read more
Probate Q&A Series

Do life insurance, retirement accounts, or annuities that name me as beneficiary have to be included in the probate inventory or accounting? NC

Do life insurance, retirement accounts, or annuities that name me as beneficiary have to be included in the probate inventory or accounting? – North Carolina Short Answer Usually, no. In North Carolina, life insurance, retirement accounts, and annuities that name an individual beneficiary typically pass outside the probate estate and are not listed on the…

Read more
Real Estate Q&A Series

What happens if my parent signed a deed years ago that accidentally gave the property to another relative, even if my parent meant it to go to the children? – NC

What happens if my parent signed a deed years ago that accidentally gave the property to another relative, even if my parent meant it to go to the children? – North Carolina Short Answer In North Carolina, a properly signed and recorded deed usually controls ownership, even if the parent later said they meant something…

Read more
Real Estate Q&A Series

If a life estate is already in place, can the house be sold without the remainder beneficiary agreeing, and what happens if they refuse? NC

If a life estate is already in place, can the house be sold without the remainder beneficiary agreeing, and what happens if they refuse? – North Carolina Short Answer Usually not. In North Carolina, a buyer typically needs a deed signed by both the life tenant and the remainder beneficiary to receive full ownership, so…

Read more
Partition Action Q&A Series

If a relative has been selling pieces of family land for years, can the other heirs recover their share before the remaining land is sold? NC

If a relative has been selling pieces of family land for years, can the other heirs recover their share before the remaining land is sold? – North Carolina Short Answer Sometimes. In North Carolina, other heirs or co-owners may be able to pursue a claim to recover their share if a relative sold family land…

Read more
Partition Action Q&A Series

If there is a will or an old estate file for the original owners that we have never seen, how does that affect who actually owns the property in a partition case? NC

If there is a will or an old estate file for the original owners that we have never seen, how does that affect who actually owns the property in a partition case? – North Carolina Short Answer In North Carolina, a partition case assumes the parties are co-owners, but an older will or estate file…

Read more
Go to Top
Free Consultation

Talk with a North Carolina attorney

Tell us a bit about your situation and we'll respond within one business day.