Sale Deed Format for Undivided Share of Land
You can sell your undivided stock to anyone at any time. No consent is required for the execution of the deed of sale. Normally, the undivided part is not delimited. If you wish to delimit your country, you must apply to the civil court by filing a joint action for the separation of your share of land 2. Alternatively, you can first file a lawsuit for the division of the land and then sell your stake after the split by Metes and Bounds. 2. You can very well file a partition lawsuit if it is not ready for a consensual partition and assign you the legitimate share according to your permission. 3) Issuance of legal advice to cousins in the country division 1. You can sell your undivided share of the property to a third party if the buyer is willing to buy it and have it partitioned at a later date. Your cousin`s consent is not required to sell your share of the property. 1.
As it is an undivided land, your 1/3 but unspecified and delimited. If you sell your undivided share, the potential buyer will not be able to take possession of a specific part of the land unless it is divided. Nothing prevents you from selling your share, but the buyer must file a partition lawsuit to get the property. According to article 44 of the Law on the Transfer of Ownership, the co-owner may sell his share without the consent of other co-owners. 2) You are free to sell your share of a third of the land 2. Yes, you can request delimitation from you, and if not, you can bring a division action to obtain physical property during the delimitation of the property. Ask a question and get multiple answers in an hour. Lawyers are now available to answer your questions. and (4) if they refuse to bring an action for joint ownership by Metes and Bounds 1.
there is no legal restriction on the sale of a joint project. .