Tenants-In-Common and Co-ops - Q & A
Q: Where can I find more information on co-operative housing?
A: If you want more detailed information regarding co-operative housing contact the national Association of Housing Cooperatives, 1614 King St., Alexandria, VA 22314; (703) 549-5201.
Q: Do co-owners have the ability to force someone off a shared deed?
A: By filing a so-called partition action, a co-owner, in some states, does have the ability to force the sale of a shared property. If the action is granted, the owners would split the proceeds proportionate to their interest in the shared property if it was sold.
When it comes to a severance action such as this, you may want to consider checking the title for any references. If more specifics are needed consult a real estate attorney.
