Ca suffis. Getting out of co-ownnership?
 

A lot of the background is here
http://britishexpats.com/forum/franc...ids-uk-897751/

After several recent clashes within the family (largely, no , entirely, the fault of one party), my wife and her sister have pulled the plug on the co-ownership of their deceased mother's house in Norma

They want out. We have an appointment with our Notaire at the end of this month when we'll be back in our own house nearby,

But neither of us is clear on the process.

We want out. What do we need to know?

Re: Ca suffis. Getting out of co-ownnership?
 

Really you need to see what your notaire says, it depends on technical factors about how the house is currently owned. But you need to find someone willing to take over the share you no longer want, unfortunately you can't just up and off and leave part or all of a house unowned. Owning a house is such a responsibility when you think about it, can all too easily turn into a bit of an albatross round your neck. Good luck Novo, hope you find an easy solution.

Re: Ca suffis. Getting out of co-ownnership?
 

But in the absence of reasonable buy-out offers can we force the sale of the whole thing on the open market?

Re: Ca suffis. Getting out of co-ownnership?
 

Depends what you mean by force the sale. If you mean pressure the co owners to agree to the sale, well that's between you and them. But the compromis and the acte have to be signed by all parties so if they refuse to sign, then the sale cannot go through until or unless they do.

Re: Ca suffis. Getting out of co-ownnership?
 

+1
All co-owners must agree.
@Novo: If the others don't wish to buy your wife's and sil's' shares, then you can go before a Tribunal and the Juge may decide to put the property up for auction (dixit OH). Be prepared for a consultation with an Avocat after the RV with the Notaire....
Good luck!:fingerscrossed:

Re: Ca suffis. Getting out of co-ownnership?
 

Interesting times ahead then...

We'll start with the Notaire and proceed to get estimates / evaluations from immobiliers. What a mess.

ETA: Do you know if whether, in the event that one other owner offers to buy my wife's and her sister's share, all parties have to agree?

Re: Ca suffis. Getting out of co-ownnership?
 

If the property has the status of "indivision", then all parties have to agree to any sale of individual shares.
The Notaire will explain all!
P.S. Maybe you can add the outcome to the '"Inheritance" thread in the FAQs, to make "older" property-owners aware of the risks of future family clashes when they're no longer here...

Re: Ca suffis. Getting out of co-ownnership?
 

OK. I'll have to wait for the notaire meeting... he has the dossier already since he's the one who handled my MIL's will.

Re: Ca suffis. Getting out of co-ownnership?
 

OK, we're back in France now and have the Notaire meeting on Friday. I'll post again after that. :(

Re: Ca suffis. Getting out of co-ownnership?
 

:fingerscrossed: Good luck Novo

Re: Ca suffis. Getting out of co-ownnership?
 

Ach, it's not that big a deal. We just need the ammo to understand how we can deal with one of the co-proprieters who continuously seeks to control the whole family relationship in an objectionable manner.

We don't need the proceeds from a sale of our share (although we don't simply want to give it away either).

We basically need clarity as to whether we can transfer ownership of our bit (for an agreed price) to another participant in the mix without gaining approval of the black sheep in the group.

If this proves impossible, la guerre will be lifelong. We don't like la guerre very much.

Re: Ca suffis. Getting out of co-ownnership?
 

We met with the Notaire yesterday and are pleased to learn that if we can agree a price with a member of the indivision for our share, we don't need approval of other members to go ahead.

Tunnel. Light. End of, soon?

I also learned a new word in French to describe that behaviour of the problem member: mesquinerie.

ETA: We are also having the Notaire's evaluator to visit the property in question on Tuesday next. This will help to provide a basis for negotiation.

Re: Ca suffis. Getting out of co-ownnership?
 

:thumbsup: Great stuff!
Remind us - this isn't your only house in France is it? You won't be leaving us will you ? :blink:

Re: Ca suffis. Getting out of co-ownnership?
 

Good news!!:thumbsup:

Re: Ca suffis. Getting out of co-ownnership?
 

Good news. Far better than a lifelong LaGuerre