Monday, April 27, 2015

this I inherited a property along with 3 other siblings can I force them to buy me out if I don't want the property

Question

this I inherited a property along with 3 other siblings can I force them to buy me out if I don't want the property



Answer

You can file an action for partition in the county where the property is located.



Answer

Yes, and the way to do this is by filing a "Bill of Complaint for Sale in lieu of Partition". Usually a partition (ie 4 way division of the property) is unavailable because a house is sitting on it. Even if the property is unimproved by a house, dividing the property 4 ways may significantly diminish its value and a sale would be reccomended.

If you need help in this regard and if 1/4th of the value of the property (your share) is worth it, please give me a call.

Walter E Laake Jr.

301-220-2200



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