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Do mutual releases end all property claims? | NC

Pierce Law Group

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Q: Does the contract include mutual releases so we’re both done with any claims related to the property? A: Yes. A co-owner buyout contract can include mutual releases so both sides are finished with property-related claims. But the release must be clear. It should say that each co-owner releases the other, and it should identify what claims are covered, such as partition claims, reimbursement…

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