Question : How do you sell real estate property when it is owned by six people and it was left in a will to all of you?
Three members of the family want to sell the property while it has some value and the other three members do not want to sell.
- asked by LaSandra S
All Answers:
Answer #1
you can't
- answered by yezznoyezzno
Answer #2
Hire a real estate attorney. If all six own theproperty equally, the ones who want to keep it canpay the others equal 1/6th vale of the property.
- answered by SHEILA S
Answer #3
You can't. But the 3 who don't want to sell canbuy the other 3 out, if you can have a meeting ofminds.
- answered by jadee916
Answer #4
You might want to consider having the three whowant to keep the property buy out the other three.
- answered by jseah114
Answer #5
No easy answer here -- but it depends ... on thesize of the property (is there a way to partitionit in shares to each of those who inherit interestin it?), the current zoning (Residential,whatever), restrictions in the deed, and the termsof the Will ...
- answered by sglmom
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measure and fulfill your financial needs
