It starts with a knock on the door and an offer to buy, but it can end up in court. A growing number of investors are filing “partition actions” in New York courts to force the sale of properties with multiple owners, an investigation by NY1 has found. The actions, which date back to English common law, are being used to target properties where inheritance has spread ownership across different family members. Gail Oakes, who […]
source https://therealdeal.com/2019/03/21/investors-are-using-court-orders-to-force-the-sale-of-properties-with-multiple-owners/
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