Schererville, IN asked in Real Estate Law for Indiana

Q: Have property in Michigan family owned 8 siblings 7 want to sell. What can we do?

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1 Lawyer Answer

Alexander Florian Steciuch

Answered
  • Valparaiso, IN
  • Licensed in Indiana

A: I assume that in asking this that the 8th sibling does not wish to sell.

There are a number of routes you could take to sell the property or get the sibling on board.

You could petition a court to partition the property.

You and your other siblings could buy out the 8th sibling's interest.

You could seek to sell to someone who doesn't mind co-owning the property with the 8th sibling.

You could find out what the 8th sibling's reservation is about selling the property and negotiate.

Consult with an attorney in your area for legal advice. Any information provided here is just for general information purposes.

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