Franziska Smith
Coastal Elite Properties
Broker/Owner
9990 Coconut Rd
302
Bonita Springs, FL 34135
Cell:239-940-2995
Business:239-390-1150l
Fax:239-236-0452

Tenants-in-Common & Co-ops

Can a co-owner force someone off a shared deed?
Where do I get information on co-ops?

 

 

Can a co-owner force someone off a shared deed? [back to top]

In some states, a co-owner often can force the sale of a shared property by filing a so-called partition action. In such a situation, if the severance is granted, the property would be sold and the owners would split the proceeds proportionate to their interest in the property.
You should check your title for any references to such a severance action. You may need to consult a real estate attorney.


Where do I get information on co-ops?
[back to top]

For information on co-operative housing, contact the National Association of Housing Cooperatives, 1707 H Street, N.W., Suite 201, Washington, D.C., 20006; (202) 737-0797; coophousing.org.

 

Franziska Smith - Coastal Elite Properties
Office: 239-390-1150l   Fax: 239-236-0452   Mobile: 239-940-2995