Can a buyer on a home loan sell the property without the permission of the other co-buyer?
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Can a buyer on a home loan sell the property without the permission of the other co-buyer?
Asked on January 7, 2013 under Real Estate Law, New York
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Under the laws of all states in this country one owner who jointly owns interests in a home can only sell his or her share in the unit without the permission of the other owner. In such a situation one owner can sell his or her fractionalized interests in the unit leaving the other owner with a new partner.
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