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Jessica
Consultant
Barrister, Expert
Hello and welcome! My name is ***** ***** I am a licensed attorney and I will do my best to help with your situation.
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I know your question is important, but there may be a short delay in my responses as I type out an answer or reply
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I have read your post and I am sorry to hear you are having to deal with this situation as I realize it can be frustrating and confusing.
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Barrister, Expert
It wouldn't be mandatory for your brother to buy you out if he only wanted to buy out the other shares to give himself a 90% interest in the house.
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But even with only 10%, you have every right to use and live in the house if you choose to or sell your interest to anyone who might want to buy it.
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So even if he owned 90% you still both have exactly equal rights to use and enjoy the property.
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Barrister, Expert
Further, if you really wanted to hold his feet to the fire, as an owner, you have the right to file suit for "partition", which is where a judge orders a sale of the entire property at public auction. So if he wouldn't buy you out, you can force a sale of the entire property at public auction and cash out your interest that way.
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Barrister
Barrister, Expert
Barrister, Expert
Unfortunately, I am not allowed to represent customers from the site or recommend anyone personally under my independent consultant agreement with JustAnswer. However, these are a couple of sites that we attorneys actually use if we need local counsel in a state where we aren't licensed. Further, customers have consistently reported good results with these sites:
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www.martindale.com
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www.lawyers.com
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They screen their attorneys based on geographic location, area of practice, time in practice, cost and customer reviews.
Barrister, Expert
You are very welcome. Glad I could help.
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It was my pleasure to work with you and help with your question. If you ever need to reach me in the future, you can post a new question with the title "For Barrister” or just add me as a favorite Expert. You'll have the option to do that on your "My Questions” page.
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Have a great weekend and be safe!
Barrister