Legal Question in Wills and Trusts in New Hampshire

Trying to avoid petition to partition

3 heirs to a property- two want to buy it. One heir is refusing to participate in a sealed bid process presented by administrator.That heir wants to have a face to face bidding war. Other heir does not. Is there another fair way to determine who gets to buy the other heirs out? Any suggestions?


Asked on 3/05/08, 2:35 pm

1 Answer from Attorneys
Roy Weddleton Granite Law

Re: Trying to avoid petition to partition

If the 3 parties can't just agree on a price, it is usually handled by having a certified appraisal of value and buyimng the other heir out based on that appraisal.

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Answered on 3/05/08, 3:17 pm


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