Legal Question in Real Estate Law in New York
rental home
i co own a home with my sister she wants to rent it out I do not I want to sell it she does not what are my options she will not buy me out and I cannot buy her out.
Asked on 10/29/08, 10:31 pm
3 Answers from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: rental home
You may commence an action for partition. This is an action where the Court orders the sale of the house and divides the proceeds from the sale.
Mike.
Answered on 10/30/08, 8:36 am
Bari Schulman
Bari J. Schulman
Re: rental home
One possible solution is to bring an action in partition to compel a sale of the real property.
Answered on 10/30/08, 10:20 am
Nasir Butt
Nasir Law Associates
Re: rental home
Case for partitioning may compel the party to arrive on the conclusion.
Answered on 10/30/08, 11:57 am