can i force siblings to buy me out of property lett to 9 of us by my father 2 years ago since i cannnot keep up with expenses? or am i liable
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can i force siblings to buy me out of property lett to 9 of us by my father 2 years ago since i cannnot keep up with expenses? or am i liable
2 lake houses left to us(9), one the family has on the market, the other they use on a constant basis and have no intention of selling. Costs(property taxes, utulities, lake dues, etc..)are split between 9 of us. i cannot afford to contribute. from day one i have let them know i am not financilally capable of contributing. i have asked costs to be divided such that i only have to contribute to the house that is on the market and am told no. at this point i am about $2,000 in debt for the houses and today they say they want to replace air conditioning unit in the house they use.
Asked on June 15, 2009 under Estate Planning, Georgia
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 15 years ago | Contributor
I am assuming that all your names are on the deed. Although I hate to say this, stop paying the expenses on the Lake house the family uses. And don't go there either. Keep paying the expenses on the other house to protect your inheritance. Then tell your siblings that you want to be bought out of the family house, if that is what you want. Under certain circumstances you can force a sale if property has become a financial burden. When you are on a solid ground financially go and see an attorney as to your options. But remember: these are your siblings.
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