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I own some properties with a sibliing, the relationship with who, has broken down.
In brief, during his divorce, he moved into a jointly owned house which had been rented out on the understanding that it would be short term and he would pay reduced rent to me for my share. Unfortunately this was not in writing and from the outset he didn't pay anything and now after several years he is refusing to pay any money or move out.
We also co-own a commercial premises which is rented and owned under a Ltd Company name. My sibling and his former business partner are directors and 1/3 shareholders and I am 1/3 shareholder.
I am aware that they took out a business personal loan under their names but secured against the office building however I have since found out that they have been using the rental income to pay for their loan which shouldn't have happened and using the money to prop up their business. I have asked to see the bank statements for the building however they are refusing to give me the statements stating I am not entitled to see them and they obviously don't want me to see what they've been up to.
Suffice as it is to say, I want to cease any involvement with my sibling and want to end any business relationship with him by selling up.
Where do I stand legally in respect of forcing the sale of the jointly owned house and having him evicted to facilitate that sale.
Where do I stand with regards to accessing the bank account and statements for the business account for the office building and forcing the sale of my interest in that building?
What type of lawyer should I be speaking to and what legal remedies are open to me?
Thank you in advance
In brief, during his divorce, he moved into a jointly owned house which had been rented out on the understanding that it would be short term and he would pay reduced rent to me for my share. Unfortunately this was not in writing and from the outset he didn't pay anything and now after several years he is refusing to pay any money or move out.
We also co-own a commercial premises which is rented and owned under a Ltd Company name. My sibling and his former business partner are directors and 1/3 shareholders and I am 1/3 shareholder.
I am aware that they took out a business personal loan under their names but secured against the office building however I have since found out that they have been using the rental income to pay for their loan which shouldn't have happened and using the money to prop up their business. I have asked to see the bank statements for the building however they are refusing to give me the statements stating I am not entitled to see them and they obviously don't want me to see what they've been up to.
Suffice as it is to say, I want to cease any involvement with my sibling and want to end any business relationship with him by selling up.
Where do I stand legally in respect of forcing the sale of the jointly owned house and having him evicted to facilitate that sale.
Where do I stand with regards to accessing the bank account and statements for the business account for the office building and forcing the sale of my interest in that building?
What type of lawyer should I be speaking to and what legal remedies are open to me?
Thank you in advance
