Do you own a property with someone else? Do you wish to sell and the other person doesn't? Or maybe the other person wants to buy you out, but for an unfairly low price.
You can't sell, you can't refinance, you can't move forward. The property just sits there.
Meanwhile, tensions rise and opportunities pass you by.
Forcing a sale through the court may be your only option. Once the judge issues an order, you will not need the other person's permission to sell.
Here's how the process works. We file a petition in court. The court appoints a referee. The referee sells the property on the market. The court will then issue another order. The new order will direct the referee how to split up the proceeds of the sale.
Once the court proceeding goes through, you don't need everyone to agree. That's the whole point. The lawsuit will end the deadlock. You will no longer be stuck in an impossible situation.
If you are trapped owning a property with someone and need to move forward, we can help you understand your rights and options.
You can contact us by phone at 212-233-1233 or by email at [email protected].