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are you asking if you have to buy her out at this reduced valuation?
You dont need to sell. You can continue to co own. If she wants to buy you out then she should use fair market value. Practically, the buyer often pays the seller extra premium in consideration for fact they would rather not sell!
if she filed in court, the judge would order an appraiser to determine such fair market value. but with court everyone would end up losing given loss of time and legal fees, but potential fees to brokers, appraisers etc.
Those fees are not your problem. You should not take less than 1/3 of FMV
The other option is to sell to a third party through a broker and divide the proceeds.
Kindly let me know if that is fast and clear.
Please click on a positive rating, and if I may clarify anything, just ask.
thank you in advance.