Legal Question in Real Estate Law in New York
partition action question
A partition action has been filed on a large parcel of land with multiple owners (13). A offer to purchase has been made on the entire parcel by a outside party. Can or will this have any effect on the courts decision?
Asked on 1/11/07, 2:45 pm
1 Answer from Attorneys
Robert R. Groezinger
GroezingerLaw P.C.
Re: partition action question
Yes. If you sell it, the decision is moot. If you do not, the court will decide if a sale is warranted.
Good Luck
RRG
Answered on 1/11/07, 4:43 pm