QUESTION
What are my options to sell my portion of an inherited home?
Asked on Apr 29th, 2014 on Landlord and Tenant Law - Michigan
More details to this question:
My sister and I inherited our parent’s home. My niece moved in to rent and purchase within a year. She pays rent sporadically and has not made any effort to purchase the home. Can I force my sister or niece to purchase my portion of the home?
2 ANSWERS
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Answered on Apr 30th, 2014 at 4:26 PM
You could file an action for partition. One possible result of such a suit is that the home ends up sold and everyone cashes out and goes their way. If your sister or your niece want to buy you out they can (if they can get financing).
Answered on Apr 30th, 2014 at 8:16 AM