Legal Question in Real Estate Law in Maryland
Rights of joint tenants
My partners and I just broke up and we own a house in joing tenancy. One of us wishes to stay in the house and to buy the other out. What if we can't agree on a price? Can one of us force the house to be sold on the market?
Asked on 9/08/05, 6:48 am
1 Answer from Attorneys
Alton Drew
Alton Drew, LLC
Re: Rights of joint tenants
In short the answer is yes. It is referred to as an ouster. If it gets to the point where a price can't be decided on, however, I would recommend trying to mediate an agreement. Its a less expensive and less destructive method of resolving a potential problem versus a court ordered sale.
Answered on 9/08/05, 9:06 am