Do all heirs or co-owners have to consent? | NC

About this video

Q: Do all heirs or co-owners have to consent for someone to assume the mortgage or purchase everyone else’s interest? A: No... not usually. One heir or co-owner can generally sell only that person’s own share, unless everyone agrees to transfer the whole property. And taking over the mortgage is a separate issue — the lender usually has to approve that. So even if some heirs agree, a person…