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Current Nevada Law: Subject to Verification
If the refusal is absolute and the owners cannot resolve the dispute, speak with a Nevada attorney about whatever legal remedies may apply to the circumstances. Lisa explains the real-estate consequences of a voluntary sale and does not force anyone to convey property.
Few things are more frustrating than being financially connected to someone who simply says:
“No. I'm not selling.”
But before assuming the only answer is a courtroom battle, figure out what “no” actually means.
Sometimes it is a price disagreement
Sometimes it means:
“I don't think the price is high enough.”
That is a market disagreement.
Lisa may be able to help.
Sometimes it is a desire to keep the house
Sometimes it means:
“I want to keep the house.”
That may be a buyout and financing question.
Sometimes it is an absolute refusal
Sometimes it means:
“I will never cooperate with anything you want.”
That may be a legal problem.
Those are three completely different situations.
What to do for each
If price is the issue, get a professional market analysis.
If keeping the house is the issue, determine whether a buyout is financially realistic.
If the refusal is absolute and the owners cannot resolve the dispute, speak with a Nevada attorney about whatever legal remedies may apply to the circumstances.
While the disagreement continues, protect the asset
While the disagreement continues, protect the asset.
- Do not let insurance lapse.
- Do not intentionally stop maintaining the pool.
- Do not ignore a roof leak.
- Do not damage the house.
- Do not remove things from the property simply because you're angry.
If the house eventually sells, every preventable dollar of lost value affects the property.
Lisa's useful step before anyone escalates
Lisa can provide something very useful before anyone escalates:
What would a voluntary market sale look like right now?
Maybe the answer creates a compromise.
Maybe it doesn't.
But the legal conversation is much more productive when everyone knows the value of the asset they're fighting over.
Important
General co-owner refusal situations (not only breakups) are covered in One Owner Refuses to Sell. Can the Other Owners Sell Anyway?, and the legal remedy question in Can You Force the Sale of a Co-Owned House?. A Nevada attorney addresses legal remedies; Lisa addresses the value of the asset.