Legal Question in Real Estate Law in Massachusetts
real estate petition for partition offer
during this process if the majority owner offers to put 20% down and make reasonable monthly payments can the courts force other owner to take this offer,majority owner been living in house since before deeded to us,am preparing to sell property what if any are my options not to
Asked on 4/05/09, 11:16 am
2 Answers from Attorneys
henry lebensbaum
Law Offices of Henry Lebensbaum (978-749-3606)
Re: real estate petition for partition offer
Partition is division not settlement.
Answered on 4/08/09, 8:55 pm
Re: real estate petition for partition offer
No. court can order property to be sold by a date certain. Majority owner is free to obtain financing to purchase minority holders.
Answered on 4/05/09, 11:27 am