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GMadrid2 · Joined: 15 Dec 2010 Posts: 2 1.76 Dollars($)

I own 50% of a house in California, Los Angeles County. No mortgage. I have owned it since 2006 and my tenant in common only 8 days. She is suing me to sell. Believe it or not she is my niece. My sister who was my tenant in common quit claim deeded it to her daughter. Our mother was living in it and she paid no rent. I would like to know what my financial repercussions will be. Can I reinvest in a town house with no financial loss. Since I will surely have a loss on the sale. It was worth a hell of a lot more in 2006.

adonis · Posted: Tue Apr 12, 2011 7:54 pm Post subject:

Welcome GMadrid,

If you have ownership rights to the property, no one will be able to force you to sell off the property. You should have a word with a real estate attorney and take his opinion before you start investing in the property.

Noenoeclue_is_me · Joined: 15 Apr 2011 Posts: 45 12.63 Dollars($)

Yeah, hire a lawyer. It is true that no one can force you to sell your house, that is ludicrous.

Give her two options,
Tell her to drop the lawsuit or buy the other half of the house at fair market value in 2006.

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