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  1. #1
    MahlerDa is offline Junior Member
    Join Date
    Apr 2008
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    Louisiana partition among co-owners

    What is the name of your state? Louisiana
    4 of us inherited my grandfather's estate, over the past 5+ years it has been surveyed into 6 parcels, 4 of which have been sold including his house. Now one owner wants to buy the remaining 2 parcels for only 25% of their appraised value. I have tried to negotitiate with her to buy me out of my 1/6 undivided interest, but she is not negotiating in good faith. If I have to file a partition suit, and the land cannot be divided 'in kind', is there still a chance we could have a private sale before the auction date? How will the judge determine the opening bid? If we have both gotten appraisals, will he perhaps take the average of the two?
  2. #2
    FlyingRon is offline Senior Member
    Join Date
    Feb 2007
    Posts
    16,427
    Selling by auction is not likely to bring the best value for the property. Are the properties on the market now?

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