Estate Law Questions? Ask an Estate Lawyer.
Hello and thanks for using JUST ANSWER. Under Indiana law, you and your siblings are Tenants In Common. Yes you can sell your one-third interest. Does your buyer wish to buy a specific section of the farm which would represent your third, or simply buy your one third interest in the whole. That would make him/her a partner with your siblings. Is the farm capable of being physically divided by survey into thirds which are equal in value?
That can be done simply by selling, and deeding to the buyer your "undivided one-third" interest in the total parcel. You should be aware that any of the three tenants in common can force a sale of the property via a partition suit. That takes you off the title and liability for post transfer events. Your attorney can prepare the appropriate sale agreement and deed. Hope all goes well. Sheridan is on one of my longer bike rides. I'm in Indy.