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Can an heir assign foreclosure surplus funds to family? | NC

Pierce Law Group

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Q: Can an heir assign their right to foreclosure surplus funds to a family member? A: Yes. Under North Carolina law, an heir who is legally entitled to foreclosure surplus funds can generally assign that right to a family member. The assignment should be clear, written, signed, notarized, and specific. It should identify the foreclosure case, the property, the surplus funds, the heir’s…

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