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CHICAGO TITLE INSURANCE COMPANY TOPIC: Marital Rights of Spouses TITLE SEARCH & CLOSING RULES: 1. General Rule: Any married person conveying or mortgaging property must be joined in the conveyance.

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Separate property refers to any property the spouses acquired separately before the marriage or after separation (or in some states after divorce). Separate property also includes any gifts or inheritances acquired by either spouse at any time.

In North Carolina, the rule of thumb for married couples is that one spouse may purchase real property, but both spouses must sign the deed to sell property. ... If a married person can buy property in cash, with no deed of trust required, then he/she can buy the property without his/her spouse signing anything.

The definition of marital property is found in section 50-20(b)(1) of the North Carolina General Statutes all real and personal property acquired by either spouse during the course of the marriage and before the date of separation, and presently owned, except property determined to be separate property in ...

Both spouses owning property Both parties must sign documents in purchase, sale, or refinance transactions. ... North Carolina has a specific statute allowing a married buyer of real estate to sign their purchase-money Deed of Trust without requiring the signature of the buyer's spouse.

Spousal Abandonment in North Carolina. Spousal abandonment occurs when one spouse ends the marital cohabitation without justification or provocation, without the consent of the other party, and without any intent to resume the marital relationship.

North Carolina law presumes that an equal (50/50) division of marital property is equitable, or fair. However, the law provides for many factors that allow for an unequal distribution of property, in situations where an equal division would not be fair.

In divorces, states have two options for dividing property: community property division (where marital property belongs to both spouses equally, regardless of who bought it) or equitable division (where the court divides marital property equitably (justly.) North Carolina is not a community property state.

In North Carolina, the courts will divide property in a way that is equitable, or fair. The court will assume that dividing the marital property evenly, 50/50, is what is most fair. This is true unless the court determines that dividing the assets equally is not fair.

In a common-law state, you can apply for a mortgage without your spouse. Your lender won't be able to consider your spouse's financial circumstances or credit while determining your eligibility. ... If you and your partner were to split up, the home would be yours alone; you wouldn't have to split it with your spouse.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232