4boot LaTrineodeur, MN
05/28/18 6:09 pm
Seems like the old family farm is unsustainable in the long term. Multiple owners of real estate can be a nightmare when trying to get them to agree on anything.
My grandfather was a very successful businessman and owned many nice pieces of real estate. Despite using a lawyer for business dealings, for some weird reason he never had a will drawn up before he died at age 82 (my grandmother had died years before). So, with no will, the state divided the real estate between his nine children. Bottom line, over several years the kids couldn’t agree on anything related to the properties. Nobody paid the taxes and the properties were eventually taken by the state. Nine losers.
Good luck, I hope you folks can agree on something before circumstances intervene to cause a less than ideal outcome.
lcamino Florida and Georgia
05/28/18 8:03 am
I don’t know if one person can force a sale, or if it has to be a majority. I knew of a similar case where nieces and nephews inherited some land in the country. One was an attorney, and she forced it to be sold. If this is an inheritance, there may be stipulations in the will.
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