Legal Question in Real Estate Law in New York

three names on a deed

Hello,

My question is what legal action can I take if I am one of three names on a house deed and other two people do not want to sell the house but I do? and if can't sell what is my share.

Thanks


Asked on 11/30/06, 2:07 pm

1 Answer from Attorneys
Arnold Nager Arnold H. Nager, Esquire

Re: three names on a deed

You can bring a legal action to partition the property. This would either force the other owners to buy you out at an agreed price or force a court ordered sale of the entire property and the proceeds shared between the owners.

This can be a costly proceeding but may be the only solution if one or more owners remain obstinant and refuse to buy or sell.

This post is not legal advice and does not create an attorney-client relationship. It is a comment on the legal question posed by the poster and should not be relied upon in any way. All readers are advised to consult an attorney to address their specific legal concerns. Additional facts could affect the answer given.

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Answered on 11/30/06, 2:20 pm


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