Q: My intended owns property in Virginia with her son.
She wants to know if she can go to a Virginia court and sell it like in Delaware
Son has defaulted on a mortgage in Delaware and she wants to sell off property owned by both of them.
A: The petition is called a Sale in Lieu of Partition. In Virginia, there is a Code provision that reimburses the legal fees out of the proceeds if the sale. Don’t let the son’s default destroy his mother’s credit. If they are tenants in common, the petition is routine, but a bit much for a DIY project, and, once he talks to a lawyer, the son should consent rather than run up legal fees on a hopeless defense. If Mom feels bad for the kid, give him enough more than his share for a down payment in his own name.
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