Joint Property Dispute


Joint Property Dispute:-

This is a private dispute resolution procedure where the family in question tries to reach a mutually acceptable property division without oing to court. Here, the dispute is subnitted, by agreement of the parties involved, to one or more arbitrators who make a binding decision on it.

Can a jointly owned property be sold by one owner?

A co-owner of A property is capable of selling hif/her undivided share in the property provided the purchaser is willing to make a purchase in the said manner. the only other way is to partition a property, either through court or through a partition deed and then affect sale of devided property. 

How do I get of a joint property?

If you're joint tenants and you both want to leave, either you or your ex-partner can end the tenancy by giving notice. You'll both need to move out. If yuo've agreed one of you plans to stay, it's usually best to explain this to your landlord and ask them to update the tenacy agreement.

Comments

Popular posts from this blog

Advantages of Single Ownership of a Property

Disadvantages of Single Ownership of a Property

Timeshare property type