Q: Is there any way to get around buying a sibling out of a property, in a situation where there is no will?
A: If there is no will, then all siblings inherit equally. If one does not buy out the others or if the property is not sold, then they all end up owning the property equally, as tenants in common, with equal rights to inhabit the home.
A: No. Unless the sibling wants to give his or her share to you. If there is debt and the sibling doesn't want to share in the debt, you have some additional negotiating power. And if there are other assets, maybe the sibling would rather have those assets and let you keep the real estate. If you are appointed Administrator, you can receive an Administrator's Commission (4% of the first $100,000, 3% of the next $300,000 per statute), which could help you a little bit.
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