Ask Experts Questions for FREE Help !
Ask
    mill0750's Avatar
    mill0750 Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 10, 2011, 05:22 PM
    Issuance of land contract without mutual owner consent
    If 2 people are on a valid house title, can one create a 'land contract' with an individual without consent of other person on title?
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
     
    #2

    Feb 10, 2011, 05:33 PM

    Are the owners tenants in common?

    Where?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #3

    Feb 10, 2011, 05:34 PM

    Yes, but it wouldn't be legal
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
     
    #4

    Feb 10, 2011, 05:48 PM
    I now understand, from reading the other thread, that the state is Michigan.

    It's possible. It can get into a very complicated argument about whether the person who signed had actual or apparent authority to sign for the other (agency law). Let's take two different fact patterns:
    • The person who signed the contract and the other owner are 2nd cousins twice removed who haven't communicated with each other for 30 years, and the non-signing cousin lives on the other side of the country. - probably both would have to sign.
    • The two owners are married to each other. The non-signing wife was in the same room when her husband signed the contract. - signature probably not necessary.
    • Somewhere in between? Best to get both signatures to be safe.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #5

    Feb 10, 2011, 08:11 PM

    If two people own a property, the one person could sell their interest in that property, but it opens up an entire issue of liens on the property.

    Example If Scott and I owned a property, I could sell my share of it, but not the entire property without the other owner also signing

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

I bought a home on a land contract, owner holding deed. [ 1 Answers ]

I bought a home on a land contract, owner holding deed. Who is billed the school taxes? Who then is billed the deed holder or the buyers on the landcontract? NY State

What happens when the owner of a land contract dies before the contract is up [ 1 Answers ]

The person who owns the land contract dies and there is no will, what happens to the contract?

Purchase land contract now I cannot find the owner to complete the sale [ 2 Answers ]

I purchase a duplex on land contract. I still owe a small balance. The owner has allowed the taxes to go into default. I cannot contact him I have sent registered mail and there is no response. How do I close my purchase if I have not been able to contact him for the last three years.

Buying Piece of Land from Owner - Contract Form [ 2 Answers ]

Hey guys, I bought a home a few years back and the builder was holding onto the adjacent property to eventually build another house on it. Over the last few months with the way the economy has declined the builder has called me and offered the piece to me for under $15,000. We finally came to an...


View more questions Search