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How do tenants of a tenancy in common protect themselves…

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How do tenants of a...
How do tenants of a tenancy in common protect themselves from someone with minority interest?
Submitted: 3 months ago.Category: Real Estate Law
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12/26/2017
Real Estate Lawyer: legalgems, Arbitrator replied 3 months ago
legalgems
legalgems, Arbitrator
Category: Real Estate Law
Satisfied Customers: 12,570
Experience: Just Answer consultant at Self employed
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Hello! I will be reviewing your question and posting a response momentarily; if you have any follow up questions please respond here. Thanks!

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Real Estate Lawyer: legalgems, Arbitrator replied 3 months ago

A co-owner cannot sell or encumber property without all owner's consent.

If a co-owner wishes to sell and the other party does not, the party wishing to sell can bring a partition lawsuit requesting the court to determine the parties' interests and to allow a buy out or a third party sale.

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