Legal Question in Real Estate Law in Texas
realestate
bought property from brother who inherited it from deceased father but there is another brother who was in prison and is released does not agree with brother selling i have paid back taxes and have a written agreement to pay 1,000.00 amonth over ten yrs. i put 10,000.00 down am wondering what i can do to protect my investment can you please advise me thank you cwallace
1 Answer from Attorneys
Re: realestate
You can file a partition suit & have the court determine brother's fair share. The best is to come to an agreement with bro. to save the $10-20K it will cost to force the sale.
Right now, you own an undivided 2/3 interest (assuming there are no other heirs and you should get a deed from other brother for his interest). You can't be forced from your homestead so your investment should be protected - and you will be entitled to reimbursement for certain items at the time of an ultimate sale that relate to prison brother's interest.
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