Legal Question in Real Estate Law in New Jersey
can a 20% owner of a house sell their share of the houesewithout the consent of the 80% owner and change the title deed to another name
Asked on 2/21/10, 8:22 am
2 Answers from Attorneys
John Corbett
Corbett Law Firm LLC
Yes if there are no other contractual or deed restrictions. Owners holding unequal interests in real property are necessarily "tenants in common." One characteristic of a tenancy in common is the free alienability of every owner's interest.
See also: http://info.corbettlaw.net/lawguru.htm
Answered on 2/26/10, 10:05 am
Walter LeVine
Walter D. LeVine, Esq.
I agree that it can be done unless there is some prohibitive language or agreement between the owners.
Answered on 2/26/10, 11:57 am