Q: I own 25% of a property other owners own 25% and 50%. The owner of 50% agreed with the neighbor to give them the first
Right to purchase for 10 years. Is my best option to file a partition?
A: depends what your goal is with a partition. you may want to call and consult with a real estate attorney.
A: Tenants in common can only encumber or sell their own interest. They cannot sell or encumber your interest or the entirety of the property. In other words, unless you decide otherwise, you will always own 25% of the property.
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