Land Sale involving several heirs
I am heir to property from my grandfarher's
estate - one of my aunts is refusing to
approve the sale. The property has no legal
right-of-way and is undeveloped.
We have a buyer, but without her approval cannot
proceed. This property has been a bone of contention
within the family for over 18 years - my aunt is willing to sell but only if she can get the price
she wants, which is over 50% of what the property's
real value is. We were excited about finally finding
a buyer, however, she refuses to accept his offer.
What recourse do I have? All of the other family
members have agreed to sale.
What recourse do I have ?
1 Answer from Attorneys
Re: Land Sale involving several heirs
You can file suit for a sale in lieu of partition. The court will order a sale, with the proceeds divided in accordance with the parties' interests, unless it is feasible to actually partition (subdivide) the property into proportional (value) lots.