Thursday, September 25, 2014

I am the equal share owner of a vacant property with two other siblings. Another family member wishes to rent the property. Two of us are in...

Question

I am the equal share owner of a vacant property with two other siblings. Another family member wishes to rent the property. Two of us are in agreement to sign a one year lease in order to generate income. The third owner does not want to sign. Can this lease proceed because the majority of the owners agree?



Answer

No. You should buy him out or start an action in partition to force a sale.



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