My gradmother in italy has died, and didn't have a will for the house that she had. So the house has all gone to the kids of the grandmother. There is one child that lives in Italy (all others in england) that doesn't want to sell the house. What can we do to sell the house?
2007-07-13 04:31:12 · 12 answers · asked by Bernese 1 in Business & Finance ➔ Renting & Real Estate
This is a major and very popular problem. Coming from experience. You and your family should side with the relative in Italy, some day it will be worth more for your children to enjoy istead of selling it and causing more turmoil between siblings that you can't even imagine. This will take a very expensive lawyer if you get into a battle. Do you think the grandmother wanted to keep the house in the family? I know mine did, but greediness and selfishness has broken my aunts and uncles apart for ever and now my grand mothers house is gone and it's more painful than anything. Jennifer
2007-07-13 04:37:23 · answer #1 · answered by Jennifer 6 · 1⤊ 0⤋
If she does not want to sell the house she could buy all your shares in it to keep it,by having it valued and paying the going price, if she can't then its sold.Unless there are laws in Italy that prevent you doing this.
2007-07-13 04:42:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋
1. Convince the hold-out to sell.
2. File suit for partition -- assuming that that's even possible in Italy.
2007-07-13 04:36:43 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
You can have the one person who doesn't want to sell the house buy out the other siblings. That way the ones who want to sell still get the money and the person who doesn't want to sell gets the house.
2007-07-13 04:35:27 · answer #4 · answered by tender loving dyke 3 · 3⤊ 0⤋
Why do you need to sell the House. I'm on the side of the Minus 1.
2007-07-13 04:35:01 · answer #5 · answered by Paul T 4 · 0⤊ 2⤋
I don't know about Italian law, but in the UK you'd probably have to sell the house anyway in order to pay the inheritance task.
If it's a case of loads vs. one, then I guess it would come down to a simple majority.
2007-07-13 04:36:24 · answer #6 · answered by mark 7 · 0⤊ 1⤋
Find out how much is worth then ask if she wants to buy each of your sharers in the house since she dosnt want to sell see if sh will buy from you all.
2007-07-13 04:36:34 · answer #7 · answered by Anonymous · 0⤊ 0⤋
The simple way is to let the Italian boy buy the house less his share in it.
2007-07-13 13:10:10 · answer #8 · answered by realdolby 5 · 0⤊ 0⤋
It depends on the law in Italy. You would have to consult a solicitor/lawyer in that country as they have very different inheritance laws to us. As I understand it, If one says no then its just tough.
2007-07-13 06:06:11 · answer #9 · answered by Anonymous · 0⤊ 0⤋
They might be covered by some Italian law... you probably need to do some research.
You might also ask him/her to buy the rest of you out.
2007-07-13 04:45:52 · answer #10 · answered by Donna W 3 · 0⤊ 0⤋