Q&A: Breaking Up Is Hard to Do

Thursday, April 4, 2019

Leni Cummins discusses partition and public sale of co-op shares when joint tenants of a co-op disagree on selling the shared property in The Cooperator. Leni explains that a person in possession of real property or co-op shares may seek a court ordered partition and public sale of the property, even if the one tenant disagrees; however, the other tenant could reject the order and obtain permission from the court allowing that tenant to buy the property. She continues that the options are complicated and could violate a co-op’s governing documents and encourages parties to reach an agreement without involving the courts.   

To read the full article, click here.


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