Q: Thank you. I do understand that to be true.... 1 family member however that is wanting to sell, does not want to...
Give up their mineral rights to the land... can they really have the best of both worlds & ultimately screw the other 2 family members.
A: When it comes to selling and buying, most everything is negotiable. If they are not willing to sell 100% of their share, then the value of that share may be greatly diminished. The remaining plaintiffs could sue in court demanding that the sale include mineral rights, although nothing is guaranteed regarding the ultimate outcome.
A: When I first answered your question, I thought it was merely a real estate partition issue. As a Chicagoland attorney, I know know how mineral rights play into your situation. Contact a local attorney.
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