Can I sell my interest in an estate?

The California Law Civil Procedure Code section 872.210 states anyone who wants to dissolve ownership that is jointly owned with another person has a legal right to sell his/her interest if desired. Eligibility for Partitions are: Inheritance that is usually family members who inherit real and personal property.

Can a property be sold without the consent of the owner?

Generally, a sale of property requires the consent of all owners, but sometimes a sale in lieu of partition can be used to force the sale of property over the objections of owners who don’t want to sell. * This will flag comments for moderators to take action.

Is it possible to sell a property with partial interest?

Partial-interest properties are rare, and so are potential buyers of those partial interests. But by applying appropriate discount rates based on real-world market data, the interest’s true value is revealed and it can be more readily sold.

Can a person force an owner to sell a property?

Only the owner of the property can sell the property. If you are an owner they can only force you to sell by obtaining a Court Order however they can sell whatever interest in the property they have.

Can a family owned property be sold without one member?

From a legal standpoint, if they both wish to sell the property, there is a good possibility that a judge would order you to either purchase their interest in the property at fair market value (i.e., buy them out) or order the sale of the entire property.

Is it possible to sell only your interest in a property?

In some cases, it is possible to sell only your interest in a property without the consent of the parties with the remaining interests. Find a buyer for your interest in the property and ask for consent from the other partners to sell it to him.

How can I sell my undivided interest in a property?

Find out how your ownership is classified on the deed. If you are tenants in common, you have an undivided interest in the property; as this type of owner, you can sell only your interest in the property. To sell the whole piece, all owners must agree to sell.

Can a common owner sell the whole property?

If you are tenants in common, you have an undivided interest in the property; as this type of owner, you can sell only your interest in the property. To sell the whole piece, all owners must agree to sell.