Can a Co-Owner’s Conduct Affect How Sale Proceeds Are Divided? | NC

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Q: Can the court consider one co-owner’s conduct when deciding how sale proceeds are divided? A: Yes. In North Carolina, the deed or other title records usually determine each co-owner’s starting share. But before distributing the net proceeds, the court may consider conduct tied to a recognized financial claim. Examples include unpaid property taxes, insurance, necessary repairs,…