How can one force a partner to sell?

[jerryrip]

What is the name of your state? Louisiana

My father owns a piece of commercial real estate with a partner. He wants to sell it because it's not making enough money on rent anymore, but his partner does not. Is there any legal way he can pressure his partner into selling the place?

 

[Shay-Pari'e]

What is the name of your state? Louisiana

My father owns a piece of commercial real estate with a partner. He wants to sell it because it's not making enough money on rent anymore, but his partner does not. Is there any legal way he can pressure his partner into selling the place?

Short answer is NO.

 

[BelizeBreeze]

Short answer is NO.

Short answer YES, Partition

 

[HomeGuru]

Short answer is NO.

**A: why such a negative answer?

 

[JETX]

Short answer is NO.

CORRECT answer is YES!!
1) Offer him fair market value, plus whatever premium is needed to 'induce' him to sell, and/or
2) File a partition lawsuit against the recalcitrant partner.

 

[HomeGuru]

OK, 2 correct answers and one incorrect answer.
Shall we get another correct answer for 15 points?

 

[Shay-Pari'e]

I stand corrected.

 

[HomeGuru]

I stand corrected.

**A: that's interesting since I see you sitting down.

 

[Shay-Pari'e]

**A: that's interesting since I see you sitting down.

That's a scary thought HG. And I'm wearing????????????

 

[meganproser]

Egg all over your face.

 

[Shay-Pari'e]

Egg all over your face.

Still stalking? Do you just live here all day waiting for me to post?

PSST! Eggs are a great face mask, try it sometime. It does wonders for the complection.

Nice to know your still my pet psycho. I'm sorry I keep you waiting, but I kinda have a life. (Sorry you don't).

 

[HomeGuru]

Still stalking? Do you just live here all day waiting for me to post?

PSST! Eggs are a great face mask, try it sometime. It does wonders for the complection.

Nice to know your still my pet psycho. I'm sorry I keep you waiting, but I kinda have a life. (Sorry you don't).

**A: keep it up you two will both be sorry.
They don't call me the Terminator here fo nuting.

 

[veronicalouise]

attaboy........you tell em

 

[HomeGuru]

attaboy........

**A: say, that is the same thing you told me Saturday night when we were........