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Who’s Responsible for HOA/Condo Assessments When a Homeowner Dies? (NC)

/ Owner - August 6, 2019

In North Carolina when a homeowner dies, his or her real property passes immediately to the heirs under a Will or if there is no Will, under the Intestate Succession Statute. This means that as soon as the homeowner dies there is immediately, by operation of law, a new owner. The real property is not a probate asset and therefore does not pass as such. Except for limited exceptions, this means that typically the “estate” is not the new owner.    Read the article……………………..

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