4 owners, selling a house but 1 of the 4 owners refuses to sell...

M

moogie

Guest
My wife and I bought half of her parents house. We each have 1 share of the house.

My wife, myself, her mother and father.

After 4 years things are not working out. My in laws had a divorce and now three of us want to sell the house but my mother in law,she refuses to buy us off and she claims she will never sell whatsoever.

I'm wondering what we can do? We doubt we can change her mind. What can be done?

Any suggestions?
 
Who lives in the house, is there a mortgage?

You're going to have to hire a solicitor and force a sale. Your mother in law's options will be to buy out all the other 3 or be forced to sell.
 
Three of us live in the house. The forth lives elsewhere.
Mymother in law lies on the secondfloor and she is the one that refuses to sell.
 
I have a sneaking suspicion this is not a query from Ireland. OP can you confirm what part of the world you live in? This is an Irish site and although IANAL, under current family home protection legislation, I don't believe the scenario you paint could evolve here.
 
I live in Canada. I'm sorry I did not look up where this site comes from.

Ok what I have is a generation house. One addy but two appartments. This way our love one can live with us.

In this case My in laws got a divorce and my mother in law was going to loose her house. So we offered to buy half. We built a second frloor for her to live in. The house is own by 4 people.

Three of us want to sell. My mother in law who is the one living on the second floor refuses to pay. Since three of us want to can we force her to sell? Is there an easy way to do this?

What happens if she still refuses to budge and next march when it is time to renew our mortage three of the ownners refuses to sign the new lease with the bank?

At this point I would entertain any and all suggestions.
 
You probably need to talk to a solicitor or lawyer or attorney, or whatever where you are. The laws here (Ireland) are quite different, so I don't think anyone here can help you (I may be wrong, but I don't know anyone here is an expert on Canadian law). I would suggest you get propper advice.
 
Back
Top