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Need advice as majority owner of UK property!
Comments
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We'll see if we can talk sense into the fourth person and see if we can make any headway.0
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It's not just £5k hit for legal fees, but say a 2 year delay whilst this grinds through the courts.RAS said:
The obstructer has already been asked to agree a buy out based on the actual market value.skillboy88 said:
The three of us have already asked the fourth person if they would consider us buying them out. However, they have asked for a ridiculous price way way above the actual market value (we had three property agents come to give a valuation).
It appears that a £5K hit for legal fees might be cheap by comparison?No reliance should be placed on the above! Absolutely none, do you hear?0 -
The OP said in an earlier post that the female owner doesn't want to sell as she wants to continue living there. Legal route could be messy regarding family ties.RAS said:It's actually the guy who's living there rent free and refusing either to sell or move out.
The woman who is still living there is one of the three (majority) owners wanting out.0
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