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Can a sale close if estate creditor claims exist? | NC
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Q: What happens if a title company will insure a property sale even though there are estate creditor claims? A: In North Carolina, the sale may be able to close from the buyer’s title standpoint, but the title company’s decision does not wipe out estate creditor claims. It also does not remove the duties of the heirs or the personal representative. The key issue is what happens to the affected…