Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. This is provided for educational purposes only and is not legal advice. The following is an illustrative, composite example, not a real client, and any names are fictional. It does not describe or promise any particular outcome.
Meet a man we’ll call Gerald. He shares an inherited property with several relatives, and they cannot agree on anything. Eventually, one cousin suggests forcing the issue with a partition lawsuit. In other words, the family would sue each other and let a court divide or sell the whole property. To Gerald, however, that idea feels awful.
After all, suing his own family is the last thing he wants. Besides, a partition lawsuit can be slow and costly. So Gerald starts looking for a calmer way out.
Why Gerald skipped the partition lawsuit
Soon he learns something that changes everything. Because he owns his own share, he can simply sell that share. As a result, a partition lawsuit becomes unnecessary. Meanwhile, he never has to force a sale of the whole property. Instead, he hands off only his piece.
His relatives, for their part, keep their shares. Of course, they can keep arguing if they choose. Yet that becomes their business, not his burden.
In the end, Gerald sells his share, and his name comes off the tax lawsuit too. Best of all, he avoids dragging the people he loves into court.
What this story shows:
A partition lawsuit forces the issue through court, but it is not your only option.
Instead, you can sell your own share. That way, you get out without ever suing your family.
If you’re looking to remove yourself from a lawsuit and get paid for your interest, no cost to you, call or text us at (469) 708-8003 for an offer today.
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