How to coordinate realtor selection with a co-owner for a joint property sale in CT
Detailed Answer When co-owners in Connecticut decide to sell real estate together, coordinating on a real estate broker (commonly called a realtor) is key to a smooth process. Most co-owners hold property as tenants in common by default under Conn. Gen. Stat. § 47-14 (Conn. Gen. Stat. § 47-14). Each owner has an equal right […]
Read article →How to Calculate and Recover Carrying Costs From a Co-Owner in a Joint Sale Agreement (Connecticut)
Detailed Answer When two or more people own property together and agree to sell it jointly, one co-owner may front costs—mortgage payments, taxes, insurance and maintenance—while the other does not. Under Connecticut law, each co-tenant is entitled to an equal share of expenses (unless your agreement says otherwise). If one owner pays more than their […]
Read article →What Steps Are Required to Initiate or Consent to a Partition Action Before a Court-Appointed Commissioner in Connecticut?
Detailed Answer Under Connecticut law, a partition action allows co-owners (cotenants) or lienholders of real property to divide or sell the property when they cannot agree on its use. Chapter 897 of the Connecticut General Statutes governs partition actions. The court may appoint one or more commissioners to supervise the division or sale. Initiating a […]
Read article →What Options Exist if Co-Owners Cannot Agree on a Buyout Price in Connecticut?
Disclaimer: This article provides general information under Connecticut law and does not constitute legal advice. Consult a qualified attorney before making decisions. Detailed Answer When co-owners of real estate or a business interest cannot agree on a buyout price, Connecticut law offers formal and informal paths to resolution. 1. Negotiation and Alternative Dispute Resolution Start […]
Read article →What process allows a party to force sale of property through a partition hearing in Connecticut?
Connecticut Disclaimer: This article is for informational purposes only and does not constitute legal advice. Detailed Answer In Connecticut, a partition action is the statutory process that allows one co-owner of real property to force its division or sale when co-owners cannot agree on its use or disposition. Connecticut’s partition statutes (Conn. Gen. Stat. §§ […]
Read article →What legal process allows a co-owner to force the sale of jointly inherited property when other owners cannot agree in Connecticut?
Detailed Answer Disclaimer: This article is for educational purposes only and does not constitute legal advice. Always consult a qualified attorney to address your specific situation. What Is a Partition Action Under Connecticut Law? When co-owners inherit real estate jointly and cannot agree on its use or sale, Connecticut law provides a judicial remedy called […]
Read article →How Does a Partition Action Work to Resolve a Dispute Among Multiple Owners in Connecticut?
Understanding Partition Actions Among Multiple Owners in Connecticut Disclaimer: This article provides general information about Connecticut partition actions. It does not constitute legal advice. Always consult a qualified attorney for guidance on your specific situation. Detailed Answer A partition action is a legal process that divides jointly owned real property when co-owners cannot agree on […]
Read article →How Do Existing Mortgage Obligations Affect the Sale and Division of Proceeds in a Partition in Connecticut?
Disclaimer: This article is for educational purposes only and does not constitute legal advice. Consult a qualified attorney for advice on your specific situation. Detailed Answer In Connecticut, a partition action under Conn. Gen. Stat. § 52-495 et seq. allows co-owners to divide real property when one or more owners no longer wish to maintain […]
Read article →What legal options exist if co-owners cannot agree on sale logistics or cost sharing? (CT)
Detailed Answer Disclaimer: This article is for informational purposes only and does not constitute legal advice. Consult a licensed attorney to address your unique situation. 1. Understanding Partition Actions Under Connecticut Law When co-owners of real property cannot agree on sale logistics or share maintenance and sale costs, either party may file a partition action […]
Read article →Can I partition property that I owned with my spouse after we separated but before the divorce? (CT)
Detailed Answer In Connecticut, spouses who own real estate are presumed to hold title as tenants by the entirety. Separation alone does not change ownership rights or sever that tenancy. Neither spouse can force partition or sale of real property held as tenants by the entirety. To bring a partition action, the property must be […]
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