Property under reference is an apartment purchased on power of attorney duly registered and is in possession of the other joint owner who is not consenting to sell the flat and share the proceeds
2007-09-30 17:13:39 · 3 answers · asked by dhamhk 1 in Business & Finance ➔ Renting & Real Estate
No, but you can sue the other party to do so, much like the way a divorce is handled
2007-09-30 17:53:34 · answer #1 · answered by linkus86 7 · 0⤊ 0⤋
I'm not a lawyer, and I don't even play one on TV. You need a title company or real estate lawyer to find out...plus you need to know exactly what the warranty deed says. I'm pretty sure I've explained it below, but check it out. P.S. Who's power of attorney? Are you the attorney in fact or the person with the power of attorney, or neither one? Sounds like the other owner wants to live there.
It depends on the way you hold the title. If you're really joint tenants you don't actually own 50% of the property. You both own the whole thing. The other person inherits it when you die. You can force a sale by filing a partition suit.
If you're tenants in common, you can sell your share.
2007-10-01 00:31:06 · answer #2 · answered by Debdeb 7 · 0⤊ 0⤋
No.
2007-10-01 00:16:03 · answer #3 · answered by Anonymous · 0⤊ 0⤋