Legal Question in Real Estate Law in Virginia
Jointly Owned Real Estate
Three brothers inherited a house when their Mother died. She had no will. One brother was appointed Administrator, which was mutually agreed upon by the other two. All other business of the Estate has been concluded with the exception of the house. The Administrator has informed his brothers that he has sold the house (no paper work has been done) to his wife's cousin, at a price well below market value.One of the brothers has resided in the home most of his life, and is still residing there. He is disabled (blind) and has been told by the Administrator that he has to move immediately. The two brothers have told the Administrator brother that they do not want the house sold for such a low price, and that the brother residing in the home needs sufficient time to find another residence. What are their options regarding the sale of this property? They each have one-third interest in the home.
1 Answer from Attorneys
Re: Jointly Owned Real Estate
The two brothers opposing the sale of the house by the third brother administrator under the circumstances described can contest the matter in the probate court having jurisdiction over the matter.
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