What to do if I’m a co-owner who wants to sell but the others do not?
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What to do if I’m a co-owner who wants to sell but the others do not?
I own a 12.5% interest in a home. I want to force a partition suit but can’t afford an attorney to shepherd the process though the courts. The house is in Houston TX near the medical center. There are 2 other family members who alsoown portions. One who owns 12.5% also wants to sell. The majority owner can’t buy us out. We want as quick a sale as possible. Can I list my part on Craigslist? Are there other options to sell it?
Asked on November 17, 2012 under Real Estate Law, Texas
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
You can list your percentage of interest in the property for sale that you own on Craigslist and try to sell it to any person that you want it to. The entirety of the property does not have to be sold at once. The problem with selling a fractionalized interest in the property is hard to do.
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