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Real Estate Q&A Series ·

What is the difference between reinstating the loan and paying off the mortgage, and which one buys more time? NC

What is the difference between reinstating the loan and paying off the mortgage, and which one buys more time? – North Carolina Short Answer In North Carolina, reinstating a mortgage usually means paying the past-due amounts (plus allowed fees and costs) so the loan becomes current again, while paying off the mortgage means paying the…

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Guardianship Q&A Series ·

Does the protected person have to be physically present in the new state before the guardianship transfer can be filed or approved? NC

Does the protected person have to be physically present in the new state before the guardianship transfer can be filed or approved? – North Carolina Short Answer Under North Carolina law, the protected person generally does not have to be physically present in the new state before the transfer paperwork can be started. For a…

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Probate Q&A Series ·

Can a bank be required to provide alternative records showing account ownership and survivorship terms for an old account? NC

Can a bank be required to provide alternative records showing account ownership and survivorship terms for an old account? – North Carolina Short Answer Yes—sometimes. In a North Carolina probate matter, a bank may be required (by subpoena or court order) to produce whatever account-opening and maintenance records it still has that show how an…

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Probate Q&A Series ·

Who is allowed to request or receive payment information for a deceased person’s estate? NC

Who is allowed to request or receive payment information for a deceased person’s estate? – North Carolina Short Answer In North Carolina, the person with legal authority to request and receive payment-related information for a deceased person’s estate is usually the court-appointed personal representative (executor or administrator). That authority is typically proven with certified Letters…

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Real Estate Q&A Series ·

What happens if the closing happens before we agree on how repair reimbursements will be handled? NC

What happens if the closing happens before we agree on how repair reimbursements will be handled? – North Carolina Short Answer In North Carolina, if a home closing happens before the parties clearly agree (in writing) on repair reimbursements, the reimbursement often becomes a post-closing dispute instead of a clean closing disbursement. Once the deed…

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If the properties have homes or other buildings on them, does that make it more likely the court will order a sale instead of dividing the land? NC

If the properties have homes or other buildings on them, does that make it more likely the court will order a sale instead of dividing the land? – North Carolina Short Answer Sometimes. In North Carolina, the court can order a sale (instead of physically dividing the land) only if dividing the property “in kind”…

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Probate Q&A Series ·

Do I need to transfer the deceased person’s car title into my name before selling it to a dealership, or can it go directly to the buyer? NC

Do I need to transfer the deceased person’s car title into my name before selling it to a dealership, or can it go directly to the buyer? – North Carolina Short Answer In North Carolina, an executor (personal representative) usually does not need to retitle the deceased person’s car into the executor’s personal name before…

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Probate Q&A Series ·

What happens if Medicare or another medical payer later says the deceased still owes a hospital bill after the claims period ends? NC

What happens if Medicare or another medical payer later says the deceased still owes a hospital bill after the claims period ends? – North Carolina Short Answer In North Carolina, most unsecured creditor claims against an estate (including many medical bills) are barred if the creditor does not properly present a written claim within the…

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