Legal Question in Real Estate Law in Maryland

Re: real state

If joint property owners cannot agree on how to maintain or dispose of real estate, either can file an action in court seeking partition and sale of the property. This essentially asks a judge to appoint a trustee to sell the property and divide up the proceeds in accordance with what the evidence shows is the respective contributions of the partners to the equity in the property.

Since this involves significant costs, it is always better to try and reach an agreement with the partners to have them buy you out. If they are unwilling to do so at this time, perhaps you agree to a price and a target date on which they have to pay you, or a promissory note bearing a reasonable interest rate on which they would make payments.