What would you do? I don't live in that city.
2006-11-09 02:51:13 · 9 answers · asked by ireallycantbelievethat 2 in Business & Finance ➔ Renting & Real Estate
You would need to consult an attorney. The main factors that this will hinge on is how are you holding title and what the stipulations are in the will that let you inherit to start with.
There are too many unknown factors from your question to be able to give you a more definite answer. Sorry!
2006-11-09 04:32:49 · answer #1 · answered by CMR2006 3 · 0⤊ 0⤋
If the will doesn't restrict any of you to sell the property then you can both sell it. What you have to do is take it to court and they will exercise what is called a reasonable man exercise to see what any reasonable person would do to solve the situation. I feel they will ask your brother that you both sign documents to sell it since you have no interest in it whatsoever.
However, if you and your bother keep the apartment, you don't have to live in it, you can make money out of it. It is really just free money for the 2 of you. Many people would love to have such a free income served on a tray like you guys. Rent out the place or renovate and sell it.
Take time to think it over. All the best.
2006-11-09 11:06:08 · answer #2 · answered by DolphinLami 4 · 0⤊ 0⤋
If there are no restrictions you can sell to anybody. Experience with a brother tells me you would be better off sleeping with the devil than being in business with a relative anyway. Make sure the brother knows what you are doing so he can buy if possible. He may think you are kidding.
2006-11-09 10:56:18 · answer #3 · answered by acmeraven 7 · 0⤊ 0⤋
The apartment would have to be sold and split the proceeds or your brother would have to buy out your share.
2006-11-09 10:53:34 · answer #4 · answered by Maggie67 3 · 0⤊ 0⤋
Dont sell it, think about it, you could make a lot of money every month in rent !
2006-11-09 10:55:33 · answer #5 · answered by Anonymous · 0⤊ 0⤋
There is no such thing as a half deed. You gonna have to work this out with your bro.
2006-11-09 10:54:12 · answer #6 · answered by Jet 6 · 0⤊ 0⤋
what you have to do is offer to sell him your half and if he can't or won't buy it you have to go to court and get the court to force a partition sale.
2006-11-09 18:38:20 · answer #7 · answered by WishICouldTellU 2 · 0⤊ 0⤋
You could possibly find another investor to be half owner with your brother, but he would have to okay it.
2006-11-09 10:56:10 · answer #8 · answered by Phoenix, Wise Guru 7 · 0⤊ 0⤋
you can't sell your half but you can take it through court and they will force him to sell as well if he isn't willing to pay you for your half.
2006-11-09 10:52:53 · answer #9 · answered by jo_jo_baby2004 4 · 0⤊ 0⤋