Legal Question in Real Estate Law in Florida
I co-own a property there in Florida with my sibling. I can't afford the upkeep, and he refuses to buy me out of my half or sell it. There is no mortgage on the home. Is there any reason that a judge would refuse a partition? We are tenants in common. Both own 50/50, and no restrictions on the deed, or contract saying one can't sell their half. And how long could the partition action take? Cost?
Asked on 2/05/12, 7:05 pm
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
6 months minimum. Price depends upon numerous factors such as hours spent, hourly charge,
fair mkt value of property, method of payment etc.
Answered on 2/05/12, 8:02 pm