Liquidate joint commercial real estate

[jdifranco27]

Hello,

My father recently passed away with personal property in one state and jointly held commercial property in another. The commercial property is held jointly with my aunt and I would like to sell, she does not, nor do I think she has the $ to buy me out. By law, what would be the next steps? Does she have to agree to sell? Furthermore, if my father's personal residency doesn't sell at a certain value, his estate will be in the red.

Thanks,
Jim

[des8]

Re: Liquidate joint commercial real estate

Hallo and welcome.
Sorry to hear of your loss.
From your post I think you may be located in USA.
This site basically helps with problems on the other side of the pond, basically the UK, so you may not get much of a meaningful response.
However, you never know, so someone with knowledge of USA might pop up.
Hope you get the advice you're looking for.