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  1. #1
    Join Date
    May 2011
    Posts
    1

    Default What Happens when Two Owners Want to Sell and One Does Not

    My question involves real estate located in the State of: Maine

    Three siblings inherited the family house. Five years later we now have the house listed to sell. What happens if we get an offer and two agree to the price and one does not?

  2. #2
    Join Date
    Jul 2010
    Posts
    2,571

    Default Re: What Happens when Two Owners Want to Sell and One Does Not

    The two who wish to sell will have to buy out the third's share possibly for more than 1/3 of the offered price, assuming the third is open to that option. If not, I'm not sure if there are any legal avenues to force a sale. The third person also has the option, if they are not interested in selling the house, of buying the other 2 out and keeping it.

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