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  1. #1
    Join Date
    Apr 2008
    Posts
    1

    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
    Join Date
    Feb 2007
    Posts
    19,505
    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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