QUESTION
I own a house with my 3 sisters. One sister wants her 25%. Can she force a sale or for me to buy her out?
Asked on May 04th, 2012 on Residential Real Estate - New York
More details to this question:
It was not inherited, but turned over to us, while my father was still alive. I pay the taxes and the maintenance on the house. I have lived there for 20 years. The 2nd sister hasn''t made her intentions known. The third sister is with me and will not force a sale.
1 ANSWER
1 Award
Yes she can. It is called a partition action, and is allowed under New York's Real Property and Proceedings Law, sections 901 et seq.
You can look it up. It is like a foreclosure in the end. Try to settle with her.
Answered on May 06th, 2012 at 8:14 AM