Q: Oklahoma Co-ownership Forced Sale of Property
4 family entities own equal quarter of inherited home/property. Three parties want to be bought out or sell the property entirely. What can we do if the fourth party doesn’t want to do either? They are also living at the property for free, other than their portion of taxes and maintenance.
A: You can file a partition action. It is a fairly easy procedure. That suit causes the land to be divided among the parties and if it can't be divided, it is sold and the proceeds are divided among the owners. Each owner has rights to purchase the property at the sale if they wish. Contact a probate attorney or litigation attorney who can advise you on the procedure.
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