Can a Partition Dispute Be Settled After the Property Is Sold? | NC

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Q: Can a partition dispute be settled with a consent order after the property has already been sold? A: Yes. Under North Carolina law, co-owners may settle how the sale proceeds will be divided even after the property has sold. Every affected party should agree to the expense credits, deductions, and final shares. Claims for reimbursement should be supported by records such as receipts, canceled…