Legal Question in Real Estate Law in New York
I inherited 1/4 share of a house with 3 siblings. 2 siblings reside in the house,myself and another sibling do not. Having interstate in the house brings me no benefits. How do I get my interest from this house?
Asked on 10/08/13, 12:33 pm
3 Answers from Attorneys
Kevin Connolly
Kevin J. Connolly
Talk to an Attorney about a partition proceeding. Not easy, not cheap, but the siblings who live there might buy you out.
Answered on 10/08/13, 12:45 pm
Arnold Nager
Arnold H. Nager, Esquire
Ask for some payment. If they balk, threaten them with an action for partition. This involves a court ordered sale of the property and division of the proceeds among the owners.
Answered on 10/08/13, 2:54 pm