This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Maryland Agreement as to Tenancy-in-Common Ownership of Premises with neither Owner to Sell or Rent Premises without Other's Consent
State:
Multi-State
Control #:
US-02284BG
Format:
Word
Instant download
Description
Free preview
How to fill out Agreement As To Tenancy-in-Common Ownership Of Premises With Neither Owner To Sell Or Rent Premises Without Other's Consent?
It is feasible to spend numerous hours online trying to locate the legal document template that meets the federal and state criteria you require. US Legal Forms provides an extensive array of legal documents that can be reviewed by professionals.
You can easily download or print the Maryland Agreement for Tenancy-in-Common Ownership of Premises with neither Owner allowed to Sell or Rent Premises without the other’s Consent from this service.
If you have a US Legal Forms account, you can Log In and click the Download button. After that, you can complete, modify, print, or sign the Maryland Agreement for Tenancy-in-Common Ownership of Premises with neither Owner allowed to Sell or Rent Premises without the other’s Consent. Every legal document template you acquire is yours forever.
Complete the transaction. You may use your credit card or PayPal account to pay for the legal document. Choose the format of the document and download it to your system. Make modifications to the document as needed. You can complete, modify, sign, and print the Maryland Agreement for Tenancy-in-Common Ownership of Premises with neither Owner allowed to Sell or Rent Premises without the other’s Consent. Download and print a vast selection of document templates using the US Legal Forms website, which offers the largest collection of legal documents. Utilize professional and state-specific templates to address your business or personal needs.
- To obtain another copy of the purchased form, go to the My documents tab and click the corresponding button.
- If you are using the US Legal Forms website for the first time, follow the simple instructions below.
- First, ensure that you have selected the correct document template for the area/town of your choice. Review the form information to confirm that you have chosen the right form.
- If available, use the Review button to examine the document template as well.
- In order to get an additional version of the form, utilize the Search field to find the template that fulfills your needs and specifications.
- Once you have found the template you desire, simply click Acquire now to continue.
- Select the pricing plan you prefer, enter your information, and register for your account on US Legal Forms.
Form popularity
FAQ
If you hold your property as tenants in common and wish to sell the property following the death of your partner, as the property's legal owner, you have the right to do this. You can appoint an additional trustee in place of the deceased owner to give good receipt for purchase monies and enable the sale to proceed.
If a tenant in common refuses to sell, a co-owner can force the sale of the TIC or do a partition. A tenant in common can petition the court to do a forced sale of the entire property. In this situation, the court takes control of the property and the court performs a forced sale.
owner of a property can transfer a commercial property to any outsider without consent of the other owner. Even if it is an undivided share, CoOwner has all rights to enter in to any sale, mortgage, lease with a stranger..
Can I force them to sell? A If you and your co-owners are tenants in common - and so each own a distinct share of the property - then yes you can force a sale.
Joint tenancy has certain rules of sale and therefore requires all parties to agree and sign the transfer. Whereas in tenants in common, there's no rules on selling and any owner of shares can sell their share to whoever they choose, and don't need permission from any other parties.
A If you and your co-owners are tenants in common - and so each own a distinct share of the property - then yes you can force a sale. However, to do so you would need to apply to a court for an "order for sale".
If you own real property as a joint tenant or tenant in common with another party and wish to sell your share in the property, but the other owners do not wish to sell or do not have the funds to buy you out, you can make an application to court seeking the appointment of a statutory trustee to sell the property
You may have no other choice but to go to court to force a sale. The proceeds of the house sale may go toward paying your mortgage off and you can walk away. However, if you transfer ownership in another way, you'll need to ensure that the remaining co-owners are willing and are able to refinance the loan without you.
Can I force them to sell? A If you and your co-owners are tenants in common - and so each own a distinct share of the property - then yes you can force a sale. However, to do so you would need to apply to a court for an "order for sale".