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I'll be brief.
1. The property is a large home in a suburb of Dhaka.
2. The property is now leased to Oxfam Bangladesh.
3. The lessors are my spouse's family. Here's the problem.
4. There are five siblings, a deceased father, a surviving widow who is a permanent resident of the United States.
5. One sibling lives in Bangladesh.
6. The sibling who lives in Bangladesh wants to terminate the lease agreement with Oxfam when it expires next May.
7. That sibling intends to move into the top suite of the home (this is a really big place -- more than 10,000 square feet) and rent the two suites below.
8. Some siblings, all of whom live in the United States and are citizens, do not want the Bangladeshi sibling to take this action; at least one other does not.
7. The question of the property's ownership is fuzzy, as are many things about Bangladesh, I've learned. The siblings' understanding is that the property is co-owned equally by all the siblings and the surviving widow. Yet, the Bangladeshi siblings claims the right to act unilaterally regarding the disposition of the property.
8. The siblings who oppose the Bangladeshi sibling's claim to act unilaterally.
Kinda complicated. Sorry. Let me know if I haven't been clear. Thank you.
Excellent. Finally, some answers. I must ask a follow-up, though: Can one sibling, as a co-owner (as you've explained), unilaterally negotiate a lease with a third party, such as Oxfam? Likewise, can one sibling (a different sibling than the one who previously unilaterally negotiated the lease unilaterally decide not to extend the existing lease with the third party (Oxfam) when other siblings/co-owners WANT to extend the lease? Finally, if there is a basis on which the siblings/co-owners can restrain the lease-related actions of the one sibling/co-owner, I assume that the opposing co-owners would have no choice but to seek relief in a Bangladeshi court. Is my assumption correct?
I fully realize these are additional questions, and I am pleased to pay more for your expertise. Truly, I deeply appreciate your assistance.
Wow. So clear and precise. Could you address the question of relief? My spouse, a French national who left B when she was 12, claims that, in practice, property transactions in B are messy, to say the lease. Whether or not that's true, what can the co-owners/siblings do to restrain the Bangladeshi sibling from unilaterally acting on the lease if the third-party tenant recognizes, correctly or not, that co-owner's right not to extend the lease?
When you answer this, I'll let you get back to your life and, you know, buy you a yacht or something.
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