Legal Question in Real Estate Law in Colorado
What if the co owners don't pay property tax on land we own in undivided interest? There are 10 of us with a total of 320 acres of ag land that own different portions of a ranch. One person has paid for the taxes over the years and is no longer able to. Nobody else wants to pitch in. What can she do legally?
1 Answer from Attorneys
This person could and likely should file for a partition. The court will then adjudicate the contributions due and offsets related to the property.
Instead of all ten of you incurring the cost and time involved in a partition, you should contact an attorney and draft a written co-tenancy agreement.
This answer is for informational purposes only and is not legal advice regarding your question. This answer does not establish an attorney-client relationship.
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