Joe Crain
CENTURY 21, Smith & Associates
14235 Blanco Rd
San Antonio, TX 78216
Cell:(210) 710-3270
Business:(210) 321-5120
Fax:(866) 847-2699
License Number:0490857

Buying Your Home - Tenants-In-Common and Co-ops

Where do I get information on co-ops?
For information on co-operative housing, contact the National Association of Housing Cooperatives, 1401 New York Avenue Northwest, Washington, D.C., 20005-2160; (202) 737-0797.

Can a co-owner force someone off a shared deed?
In some states, a co-owner often can force the sale of a shared property by filing a so-called partition action. In such a situation, if the severance is granted, the property would be sold and the owners would split the proceeds proportionate to their interest in the property. You should check your title for any references to such a severance action. You may need to consult a real estate attorney.

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Joe Crain - CENTURY 21, Smith & Associates
Office: (210) 321-5120   Fax: (866) 847-2699   Mobile: (210) 710-3270