Can a commissioner lower a co-owned property's listing price? | NC

About this video

Q: Can a commissioner lower the listing price of a co-owned property in a partition sale? A: Yes. In North Carolina, a partition commissioner may lower the listing price if the court’s order of sale gives the commissioner that authority. The key question is what the order says. If it allows the commissioner to list the property, work with a broker, adjust pricing, and sell on reasonable terms, a…