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Updated over 3 years ago on . Most recent reply

Jennifer Knestrick's profile image
Jennifer Knestrick's profile image
Jennifer Knestrick
  • Member since Apr 27, 2019
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Jennifer Knestrick's profile image
Jennifer Knestrick's profile image
Jennifer Knestrick
  • Member since Apr 27, 2019
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Jennifer Knestrick
2
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11
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Real Estate Agent

Force sale of property held by partners

Jennifer Knestrick
Posted

Just heard of this **** show a friend is going through…

Multifamily house in Brooklyn, NY. Owned by a couple who has gotten divorced. One spouse had a psychotic break. It’s not going well for anyone, to say the least. They did not address the house in the divorce. They now co-own it and rent out the apartments. Worth about 950k with a 400-500k loan. Non-psychotic partner wants out. Can she force a sale?

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Kathy Henley's profile image
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Kathy Henley
  • Rental Property Investor
  • from St. Louis, MO
  • Member since May 2, 2014
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Kathy Henley's profile image
Kathy Henley's profile image
Kathy Henley
  • Rental Property Investor
  • from St. Louis, MO
  • Member since May 2, 2014
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Kathy Henley
  • Rental Property Investor
  • St. Louis, MO
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Kathy Henley
  • Rental Property Investor
  • St. Louis, MO
Replied

@Jennifer Knestrick Since this is second hand info, we are kind of gossiping without knowing the facts. In general, if an asset was overlooked in a divorce, the case can be opened again.  

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