Attorney Jason A Greller
Can I force a co-owner of property in Wisconsin to buy me out or sell the property?
I own a house in Wisconsin with my ex girlfriend. I want to sell it but she does not want to sell the house and she can't afford to buy me out of the house. What can I do?
If you own a house in Wisconsin with your ex-girlfriend and you want to sell it, but she doesn't want to sell and can't buy you out, you may consider the following options:
Negotiate with your ex-girlfriend: Start by discussing the situation with your ex-girlfriend to see if you can come to an agreement. She might be open to selling the property after considering the financial implications or might be able to find a way to buy you out in the future.
Mediation: If you cannot reach an agreement through negotiation, consider using mediation services to help resolve the dispute. A neutral third-party mediator can facilitate a conversation between you and your ex-girlfriend, helping both parties explore possible solutions.
Partition action: If all else fails, you might consider filing a partition action in court. A partition action is a legal process in which a court orders the division or sale of jointly owned property. If the court orders the sale of the property, the proceeds will generally be divided between the co-owners according to their ownership interests. Keep in mind that this option can be time-consuming and expensive, so it's usually best to consider it as a last resort.
Consult a real estate attorney: Speak with an attorney familiar with Wisconsin real estate law to discuss your specific situation and understand your legal options. They can provide guidance on the best course of action and represent your interests in any legal proceedings.
Please note that this information is for general informational purposes only and should not be taken as legal advice. Consult with a qualified attorney to discuss your specific situation and understand your legal options.