Can family gift money affect property shares? | NC

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Q: Can gift money from a co-owner's relatives affect who gets what in a property dispute? A: Yes. In a North Carolina partition action, family gift money can matter, but only if there is proof of what the money was meant to be and how it was used. The deed usually sets the starting ownership shares. A mortgage being in only one co-owner's name does not erase the other co-owner's interest if both…