2006-12-29 11:22:26 · 5 answers · asked by Bea D 1 in Business & Finance ➔ Renting & Real Estate
It depends upon how the deed reads as to ownership. Ex: rights of survivorship, tenents in common, etc. The law treats each differently. If you call a realtor, real estate lawyer, title company, etc. and read/show them how the deed reads, they will be able to give you your answer.
2006-12-29 11:56:28 · answer #1 · answered by SUSAN K 3 · 2⤊ 0⤋
Depending how the law applies where you live or where the property is located and how the property was conveid. RE laws vary from state to state. .A Realtor and/or lawyer would answer your question at no cost.
2006-12-29 11:39:25 · answer #2 · answered by NikkiBE 1 · 0⤊ 0⤋
Yes, if they want to preserve ownership. However, there it nothing to stop the one who wants his share to sell it to someone else.
2006-12-29 11:26:51 · answer #3 · answered by Anonymous · 1⤊ 1⤋
no, you could sell it to anyone. You don'rt have to sell to your siblings unless there is a pre-existing contract to do so.
2006-12-29 11:30:15 · answer #4 · answered by Just Gone 5 · 1⤊ 1⤋
Yes, they would need to pay you for what your portion is worth.
2006-12-29 11:27:25 · answer #5 · answered by Goldenrain 6 · 0⤊ 0⤋