can 2 beneficiaries force sale of land owned by 4 ?

Marcon

Keep_pedalling said:

AnotherJoe said:

turpical said:

We are all 4 the Registered owners. 2 of us don't want to be.  I don't want to die while I own it especially if it is the situation where the remaining 3 automatically get all my interest NOT anyone I would wish to leave it to. I believe this happens with joint ownership rather than tenants in Common. 

That's easy to change without the other owners consent so you need have no worries there. You don't have many options. Perhaps you could attempt a scare tactic with a solicitors letter from you and the other like minded owner stating you will take legal action to force a sale, and see if that prompts the other two  to buy you out.  

I would do this now it will make them think that they really should be buying you out. 

Only if you're going to see it through. Paper tigers don't scare anyone.

turpical

It is because it probably isn't worth much that I  and the other like minded one want to get rid of it. We don't want to be partially responsible for it as nobody is carrying out any maintenance, there are falling trees and it adjoins a public highway. It presents a possible LIABILITY we want to be free of. According to the probate valuation it has some value in its present state. We would be happy with our share of that.

pphillips

turpical said:

It is because it probably isn't worth much that I  and the other like minded one want to get rid of it. We don't want to be partially responsible for it as nobody is carrying out any maintenance, there are falling trees and it adjoins a public highway. It presents a possible LIABILITY we want to be free of. According to the probate valuation it has some value in its present state. We would be happy with our share of that.

If the other 2 see potential for development then would they not want to buy you out?
First thing to do however is to serve notice of severance on all the other owners.

Keep_pedalling

turpical said:

It is because it probably isn't worth much that I  and the other like minded one want to get rid of it. We don't want to be partially responsible for it as nobody is carrying out any maintenance, there are falling trees and it adjoins a public highway. It presents a possible LIABILITY we want to be free of. According to the probate valuation it has some value in its present state. We would be happy with our share of that.

If it is really worth very little, the perhaps you can just give it to them as it sounds like it might be a price worth paying to be shot of it.

AnotherJoe

Just heard Boris talking about removing planning restrictions. Maybe that will induce them to buy you two out?

AnotherJoe

Marcon said:

Keep_pedalling said:

AnotherJoe said:

turpical said:

We are all 4 the Registered owners. 2 of us don't want to be.  I don't want to die while I own it especially if it is the situation where the remaining 3 automatically get all my interest NOT anyone I would wish to leave it to. I believe this happens with joint ownership rather than tenants in Common. 

That's easy to change without the other owners consent so you need have no worries there. You don't have many options. Perhaps you could attempt a scare tactic with a solicitors letter from you and the other like minded owner stating you will take legal action to force a sale, and see if that prompts the other two  to buy you out.  

I would do this now it will make them think that they really should be buying you out. 

Only if you're going to see it through. Paper tigers don't scare anyone.

That's like saying that bluffing never works in poker.  Anyway, here's  an example , perhaps not paper. https://www.telegraph.co.uk/news/2018/02/06/toy-tiger-sparks-armed-police-alert-scottish-farm/

Marcon

AnotherJoe said:

Marcon said:

Keep_pedalling said:

AnotherJoe said:

turpical said:

We are all 4 the Registered owners. 2 of us don't want to be.  I don't want to die while I own it especially if it is the situation where the remaining 3 automatically get all my interest NOT anyone I would wish to leave it to. I believe this happens with joint ownership rather than tenants in Common. 

That's easy to change without the other owners consent so you need have no worries there. You don't have many options. Perhaps you could attempt a scare tactic with a solicitors letter from you and the other like minded owner stating you will take legal action to force a sale, and see if that prompts the other two  to buy you out.  

I would do this now it will make them think that they really should be buying you out. 

Only if you're going to see it through. Paper tigers don't scare anyone.

That's like saying that bluffing never works in poker.  Anyway, here's  an example , perhaps not paper. https://www.telegraph.co.uk/news/2018/02/06/toy-tiger-sparks-armed-police-alert-scottish-farm/

Not a paper tiger! And poker isn't real life...for most of us.

getmore4less

As residential development is unlikely for now is there any use that may get support from the local community.
What is it currently classed as? there maybe potential to rent it out or have it maintained for free by allowing someone to use it.
Is there any family dynamic that could help resolve the situation.
Who are the 4 owners,  who are the two that are wanting to sell and the two that want to keep.
eg if one of them is mum  is she a sell it or keep it, and if she passes who will get her share.

What roughly is the value it may be that a walk away is a sensible option if not worth much.

Arthog

Get plenty of advice about the options. Even renting it out has to be carefully managed legally.

Near us, a man who was retiring owned some acres of land, and was told by the planners that there was absolutely no chance of building being permitted. so he sold it as agricultural land, ie at a fraction of the price of building land. The purchaser was granted planning permission 3 months later for a housing development.