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undivided 1/2 interest

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Myrtle Cockrell Guest	Posted: Mon Nov 21, 2011 8:18 am    Post subject: undivided 1/2 interest Like 0 Dislike 0 My sister lives in California. I live in Indiana. The property in question is an 85 acre farm with some timber and an old house on it. I have done all the administrative dues for the farm and was attempating to fix up the old house. Now her son who lives in California has purchased her 1/3 interest. She has done very little to help with the property. Can I file a lean against her 1/2 undivided interest. Can the son record the deed? Myrtle Cockrell _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
sabrinatoss Community Expert Joined: 16 Jan 2011 Posts: 516 Location: Australia 82.74 Dollars($)	Posted: Mon Nov 21, 2011 6:38 pm    Post subject: Like 0 Dislike 0 Hello myrtle, As an owner of an undivided interest in real property you have the right to the use and possession of the whole property. If there are two owners and the property is sold or partitioned you have the right to 1/2 of the net proceeds. You have the right to 1/2 of the profits. _________________ Home Loan, Mortgage Insurance Calculator, Mortgage Broker
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Mon Nov 21, 2011 7:56 pm    Post subject: Like 0 Dislike 0 Hi Myrtle! Welcome to forums! In order to file a lien, you will be liable for filing a lawsuit in your local court house. If the court gives you a judgment, you will be able to place a lien on the concerned property. Feel free to ask if you've further queries. Sussane

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