Q: A home owned by three siblings. One wants to sell the others do not. The property is owned as tenants in common.
He is threatening to file act of partition . They each own 1/3. Would the other two have the right to buy the one out?
A: A buyout is a most viable option instead of a partition action which could be costly and become emotionally heated.
A: You have the right to buy the other one out, as long as there is an agreement by the three of them, if they cannot agree on a price then the court will make the decision for them.
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