If a property is owned by 4 siblings and 3 of them want to rent and the fourth is a holdout, can they still rent without their permission?
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If a property is owned by 4 siblings and 3 of them want to rent and the fourth is a holdout, can they still rent without their permission?
We have tried to get a hold of her but she refuses emails, snail mail, and certified mail. She also owes a great deal of money for the expenses associated with the property that the 3 of us have covered for her.
Asked on May 24, 2012 under Real Estate Law, Maine
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
You all have equal ownership rights and responsibilities for the property. If her signature is needed on the lease - and it is most likely needed - then you could be stuck. But she owes you money and so I would consider suing her for the expenses that she owes. That may prompt her to deal with the situation.. Then you can make a deal regarding the rental and the funds she owes you paid from her portion of th rental income split after expenses are paid. Good luck.
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