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Four siblings inherited property in Florida and if one wants to sell what can they do?
Wiki User
∙ 13y ago
Any one of the co-owners has the right to petition for the sale of the house! All co-owners must agree to keep property but if even one wants their share they can by law get their share.
When land is under co-ownership of two or more people who cannot agree on what to do with the land, any owner can file a Petition to Partition in the appropriate court.
The court has the power to divide the land if that is feasible such as when there are multiple tracts or a single large tract. If dividing the land is not feasible then the court can order a sale and the net proceeds are divided according to each owner's interest after the costs and expenses associated with the Partition have been deducted. You should consult with an attorney who specializes in real estate law.
Wiki User
∙ 13y ago
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In Nevada when a property is owned by two people - siblings inherited property - is there a way to sell if one wants to and the other doesn't?
Yes, you will need to involve lawyers and courts if you can't come to some agreement to sever your tenancy in common.
Can siblings force a sale of inherited property in Indiana?
It depends on how the estate was distributed. If the property was left to a specific person, no, they cannot force the sale. If it is part of the estate in general, they can force the sale or require the person who wants it to pay them for their share.
Six siblings are in the midst of selling deceased parents' home One wants to leave his share to girlfriend should he dies before sale Is this legal?
If your brother survived your parent and has inherited a share in the property he can make a will leaving his interest to his girlfriend. In fact, that's exactly what he should do if he wants her to have his share in the event of his death. Otherwise, his share would pass according to the state laws of intestacy to his heirs at law. Generally, his heirs at law would be his spouse and children or if he has none, his siblings.
One of three siblings has been left a property by the mum but the executor wants the keys can he insist?
Yes, he has the right to protect the property. He has to make sure it is kept safe as well as have it appraised.
Post probate could court force a split ownership of land?
If several heirs inherited property and one wants to sell that person can petition the court to partition the property and it will be sold. The prodeeds after legal costs will be shared by the owners.
In Georgia when a property is owned by two people - sibling inherited property - is there a way to sell if one wants to and the other doesn't?
Yes, it is called "partition" and can be complicated, depending upon the exact words used in the deed or the will, and local state laws. See an attorney.
If siblings jointly received property in the settlement of their parents' estate how can an impasse be resolved on the sale or maintaining of the land?
The sibling that wants out offers to sell their share to the other sibling. If they don't wish to buy it, they sell it to whomever wants to buy their share.
Who is responsible for judgment on property inherited from deceased father?
The judgement should be resolved before the property is transferred. If there are not enough assets to cover it, the property would have to be sold to pay the judgement. If someone wants the house, it might make sense for them to pay it to keep the property.
What rights does he have under Florida staqtutesMy 15 yr old wants to live with you in Florida He is in Florida with a non family custodian but he wants to come home?
He is allowed to come home if he wants.. but he has to be 18 if he has a guardian
What if a neighbor wants to dig in your property?
They have to have permission from you.
Joint inherited property Sister wants to sell. want to buy her half and let it out. pay full 50 percent of valuation or is it fair to deduct a percent for no estate agent and poor property condition?
The most accurate amount would be to get it appraised and base it on that. That will account for poor property condition. It would be reasonable to negotiate some percentage for not having to pay real estate broker/agents.
Who qualifies as next of kin if all siblings have been disowned?
The laws of intestacy determine who qualifies as next-of-kin in the case of intestate property. If a person wants to "disown" a child or "disinherit" them, he must do so by will and in the manner provided in the state laws.
