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Are there risks to relying only on exterior observations and comparable sales, and could that affect how the court divides the sale proceeds? NC

Are there risks to relying only on exterior observations and comparable sales, and could that affect how the court divides the sale proceeds? – North Carolina Short Answer Yes. In a North Carolina partition case, an exterior-only value based on comparable sales can be helpful for settlement talks, but it is a limited and easily…

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If I settle instead of continuing the partition, how is my share calculated when the home’s interior condition is unknown? NC

If I settle instead of continuing the partition, how is my share calculated when the home’s interior condition is unknown? – North Carolina Short Answer In a North Carolina partition case resolved by settlement, a cotenant’s share is generally based on (1) that cotenant’s legal ownership percentage and (2) an agreed fair market value for…

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How can I get a reliable market value for a co-owned house when I can’t get inside because occupants or co-owners won’t allow access? NC

How can I get a reliable market value for a co-owned house when I can’t get inside because occupants or co-owners won’t allow access? – North Carolina Short Answer In a North Carolina partition case, a reliable market value can still be developed for a co-owned house without interior access by using an exterior inspection,…

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How can I calculate what each person will receive when a life estate and remainder interests are involved in a partition sale? NC

How can I calculate what each person will receive when a life estate and remainder interests are involved in a partition sale? – North Carolina Short Answer In a North Carolina partition sale involving a life estate and remaindermen, the court first orders the property sold and pays closing costs, court costs, commissioner fees, and…

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If the deed lists only my partner but I funded the purchase, do I still have ownership or repayment rights when the home is sold? NC

If the deed lists only my partner but I funded the purchase, do I still have ownership or repayment rights when the home is sold? – North Carolina Short Answer Under North Carolina law, legal ownership usually follows the name on the deed, but courts can sometimes recognize financial or equitable rights for a non-titled…

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What proof should I gather to show I paid the down payment and all mortgage payments so I can be reimbursed before splitting the net? NC

What proof should I gather to show I paid the down payment and all mortgage payments so I can be reimbursed before splitting the net? – North Carolina Short Answer Under North Carolina law, a cotenant who pays the property’s carrying costs—such as the down payment, mortgage payments, taxes, insurance, and necessary repairs—may ask the…

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Can a court make a co-owner move out or remove them if they block showings, appraisals, or the commissioner during a partition case? NC

Can a court make a co-owner move out or remove them if they block showings, appraisals, or the commissioner during a partition case? – North Carolina Short Answer Under North Carolina law, a court can remove an occupying co-owner from the property in a partition case, but this usually happens only after the court orders…

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What happens if a will says someone has a life estate but the deed transferred the property before death without a life estate? NC

What happens if a will says someone has a life estate but the deed transferred the property before death without a life estate? – North Carolina Short Answer Under North Carolina law, a valid deed that transferred property during the owner’s lifetime usually controls over a later or conflicting provision in a will. If the…

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Do we have to file for guardianship if capacity is uncertain, and what does that process involve from start to finish? NC

Do we have to file for guardianship if capacity is uncertain, and what does that process involve from start to finish? – North Carolina Short Answer In North Carolina, a guardianship case is usually filed only if an adult cannot understand decisions well enough to manage essential personal, housing, or financial matters, and less-restrictive options…

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If a friend already has guardianship, can that guardian sign housing or property paperwork and help us with the lease? NC

If a friend already has guardianship, can that guardian sign housing or property paperwork and help us with the lease? – North Carolina Short Answer Under North Carolina law, a guardian can usually sign housing or lease paperwork only if that person has authority over the ward’s property (as a general guardian or guardian of…

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Can I manage my sibling’s finances as guardian even if I cannot contribute my own funds, and how is that different from being a representative payee? NC

Can I manage my sibling’s finances as guardian even if I cannot contribute my own funds, and how is that different from being a representative payee? – North Carolina Short Answer Under North Carolina law, a guardian of the estate manages the ward’s money and property but is not required to spend personal funds on…

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What records or statements do I need from doctors, the facility, and social workers to support a new guardianship filing? NC

What records or statements do I need from doctors, the facility, and social workers to support a new guardianship filing? – North Carolina Short Answer For a new adult guardianship case in North Carolina, the clerk of superior court will expect clear, recent evidence of the respondent’s mental health needs, functioning, and finances. Strong support…

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Attorney Jared Pierce
Attorney Jared Pierce
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