Situations

A worried co-owner reviews mortgage paperwork and raises a hand while another holds house keys outside their shared home.

Can Your Co-Owner Buy You Out if You Are on the Mortgage?

Often not, and the mortgage is usually the reason. When the co-owner who wants out is on the loan, a co-owner buyout generally means paying off that loan or getting the lender to release the departing co-owner, and a replacement loan at today’s rates can cost far more than the old one. If the staying … Read More

A conflicted co-owner sits on a fence between one owner urging a sale and another refusing, with the Talkov Law logo.

What If Some Co-Owners Want to Sell and Others Won’t Take a Side?

When five siblings inherit a house and three want to sell, the other two cannot stop the sale, whether one lives in the house or one is simply on the fence. Any one of the three can file a partition action, and every other sibling is named as a defendant without having to take a side.

Putting a Co-Owned House Into Trust

Putting a Co-Owned House Into Trust

You can put your share of a co-owned house into a trust, but doing so usually severs a joint tenancy. That often signals the co-owners’ shared plan has broken down.