Legal Question in Real Estate Law in Alabama

I own half a house. My 4 stepbrothers and stepsisters own the other half. They have all agreed to sell me their 12.5 percent interests. I have applied for a loan to cover the cost. The mortgage company wants my step-siblings to sign a quit claim. One is refusing. He wants his share of the money before signing. I can't get the money unless he sign! What can I do legally?


Asked on 3/31/10, 12:34 pm

1 Answer from Attorneys
James Coleman Murchison & Howard, LLC

You can have a closing that will have him receive his money at the same time he signs the deed. The title insurance company or the attorney handling the closing can help you set up the closing in a way which will satisfy everyone

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Answered on 4/05/10, 1:47 pm


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