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Thursday
Jun072012

When Co-owners Split, It’s Expensive

Mediation Useful to Help Divide Property

The Washington Times
June 7, 2012

When “twosomes” (gay couples, boyfriend-girfriend pair, siblingss, friends, or even parent-child combos) buy a house, the situation becomes very complicated when the pair parts ways. A realtor notes, “If one person doesn’t want tot sell, then you can’t sell the house-that’s the law.” Mediators can often help the situation particularly if the parties are on good terms and they agree to call in appraisers and average the value of the home.

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