Can I give my foreclosure surplus share to my sibling? | NC

About this video

Q: Can I give my share of foreclosure surplus funds to my sibling? A: Yes — often you can, if you are legally entitled to that share. But your sibling usually cannot receive the money just because the family agrees. If the surplus funds are being held by the clerk or the court, the clerk must be satisfied that the transfer is valid, that your heirship or ownership interest is proven, and that…