Can a buyer on a home loan sell the property without the permission of the other co-buyer?

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Can a buyer on a home loan sell the property without the permission of the other co-buyer?

Asked on January 7, 2013 under Real Estate Law, New York

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

Under the laws of all states in this country one owner who jointly owns interests in a home can only sell his or her share in the unit without the permission of the other owner. In such a situation one owner can sell his or her fractionalized interests in the unit leaving the other owner with a new partner.


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