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#1 |
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Junior Member
Last Online:
08-25-2007 02:04 PM Join Date: Aug 2007
Posts: 1
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Lot split of shared ownership of land/homes.
I share ownership of 22 acres of land/homes with my mother. I wish to lot split the property. My mother has given in Trust half ownership to my brother when she passes on. My brother in turn wants to sell. I want my half. Can a lot split be done before my mother dies. And if so, what is the procedure.
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#2 |
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Posts: n/a
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If two or more owners cannot agree on what to do with a piece of property they may petition the court and the court will order a sale or refinancing etc. so that the one or more may get out of the property obligation and/or the other(s) may keep it etc.--it is often done-- (This is true in some cases even for equitable owners that have paid various amounts etc., but for various reasons, may not be on title.)
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