Hi; My goal is to provide you with great service - if you have any questions during our chat, please ask! I'll do my best to ensure your satisfaction! It would depend on the manner in which title is held - for example if there are any restrictions on the deed itself. If you and your brothers own it as co-owners (ie joint tenancy with right of survivorship; co-tenants, etc), then generally one's portion can be pledged. They can also sell their interest in the property (only their %). Generally, if a majority wants to sell the property and one person chooses not to, that person can, if they can afford it, buy out the other's interest. If that is not feasible, the parties wishing to sell the property can bring a motion requesting a court to order the property sold. Another option, for larger acreage such as this, is to request a partition, so that each owner's share is legally separated, becoming its own parcel with its own deed.
An example would be if one co-owner quit claimed his interest to a third party. This type of deed would only transfer his interest in the property to the third party.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).