Three members of the family want to sell the property while it has some value and the other three members do not want to sell.
2007-01-16 09:22:40 · 5 answers · asked by LaSandra S 1 in Business & Finance ➔ Renting & Real Estate
Hire a real estate attorney. If all six own the property equally, the ones who want to keep it can pay the others equal 1/6th vale of the property.
2007-01-16 09:30:44 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You might want to consider having the three who want to keep the property buy out the other three.
2007-01-16 09:32:38 · answer #2 · answered by jseah114 6 · 0⤊ 0⤋
You can't. But the 3 who don't want to sell can buy the other 3 out, if you can have a meeting of minds.
2007-01-16 09:31:31 · answer #3 · answered by jadee916 2 · 1⤊ 0⤋
No easy answer here -- but it depends ... on the size of the property (is there a way to partition it in shares to each of those who inherit interest in it?), the current zoning (Residential, whatever), restrictions in the deed, and the terms of the Will ...
2007-01-16 09:43:45 · answer #4 · answered by sglmom 7 · 0⤊ 0⤋
you can't
2007-01-16 09:28:08 · answer #5 · answered by yezznoyezzno 1 · 0⤊ 0⤋