What can I do if someone is trying to force me to sell my house?
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What can I do if someone is trying to force me to sell my house?
An investor who also is an attorney has acquired 50% interest in my property
where I’ve resided with my children for 14 years. His initial request was for
me to either pay him rent or accept $7,000 to buy me out. Recently, he has threatened that if I don’t cooperate by the end of this month, he will force a partition and I will be forced to vacate my home. I don’t want to lose my home. What are my legal rights? How can I keep my home?
Asked on July 25, 2018 under Real Estate Law, Texas
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 5 years ago | Contributor
If he is an owner of the property as you indicate, then he has the right to bring a legal action for partition, to get a court order requiring or compelling the property be sold and the proceeds (after paying costs of sale and paying off any mortgage) be split between the owners. The law gives EVERY owner the right to force a sale of the property if he and the other owner(s) can't agree as to what to do with it, so he hzz the ability and legal right to do this. All you can do is either come to some voluntary agreement with him, or let him bring the partition action and then see how much money the property sells for.
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