Corbin, KY asked in Land Use & Zoning, Real Estate Law and Estate Planning for Kentucky

Q: We have 498 Acres there is about 15 names on the property how could we sell the property? Do we need all 15 to sign of

3 Lawyer Answers
Timothy Denison
Timothy Denison
Answered
  • Estate Planning Lawyer
  • Louisville, KY
  • Licensed in Kentucky

A: Yes. You need all 15 to sell by agreement. Otherwise, just file suit to partition...

Ellen S Deutsch Taylor
Ellen S Deutsch Taylor
Answered
  • Estate Planning Lawyer
  • Ponte Vedra, FL

A: If no one agrees to a buyout of their share, they all would have to sign.

Anthony M. Avery
Anthony M. Avery
PREMIUM
Answered
  • Estate Planning Lawyer
  • Knoxville, TN

A: Mr. Denison is correct. All titled owners must convey their interest, or the grantee becomes a tenant in common with the non-selling titled owner, which he is not going to pay money for. The other option is filing an Action For a Sale For Partition, which can be filed by any owner against the others, now.

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