What can I do if the other owner misses buyout payments? | NC

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Q: What can I do if the other owner misses payments under a settlement to buy out my interest? A: Usually, your options depend on the exact settlement terms and whether the court made that settlement part of an order or judgment. If the other owner misses a required payment or fails to close on time, you can often ask the court to enforce the settlement, enter judgment for the unpaid amount if…