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re: If you inherited 20% of a piece of land, and you want to sell.. but....

Posted on 12/10/16 at 8:20 am to
Posted by Redbone
my castle
Member since Sep 2012
18894 posts
Posted on 12/10/16 at 8:20 am to
quote:

My question is why would someone leave this mess to someone else.
You are assuming, probably correctly that this was left to him. The generation that currently monopolizes the obituary columns typically do not think very much about what will happen to what they leave behind.

My wife's grand parents on her mom's side had 8 kids. When the last one passed the kids inherited some acreage. By this time 3 of the kids had passed. The total of grand kids inheriting that portion was 6. That's what you may call a "mess".

Thankfully they all got along. One of the sons took much time to arrange a sale with all parties agreeing to sell although it took months to get all in to sign.
quote:

It can't ever end well.
If the OP had to start this thread it is obvious that there is already a problem between his wishes and the other 80%. Lawyers are going to take money from sale of what will be property sold for pennies on the dollar providing a purchaser can be found that would buy into this situation. If this isn't prime real estate OP would probably be best served to just forget he is involved in it. The tax man will handle the rest. Otherwise it will only end well for some lawyer.
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