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What happens if the house needs major repairs and is worth less? | NC

Pierce Law Group

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Q: What happens in a partition case if the house needs major repairs and is worth less than my former spouse claims? A: In a partition case, the court does not have to accept one co-owner's opinion about value. The court looks at the home's fair market value in its current condition — including major repair issues, deferred maintenance, and defects that lower the price. The court also decides…

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