Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

What if my siblings and I disagree on selling the inherited home?

If you and your siblings are co-owners of an inherited Saskatoon home, all owners generally need to agree before the property can be listed and sold, since a lawyer cannot complete a transfer through Information Services Corporation without every registered owner's consent, and that can stall a sale for months if nobody breaks the deadlock.

Where agreement is not possible, the usual first step is mediation between the siblings, often facilitated by the estate's lawyer, to work out either a sale with proceeds split according to the will or one sibling buying out the others' share for their percentage of the value.

If mediation fails, a co-owner can apply to the Court of King's Bench for an order to force a sale, known as a partition action, though legal fees on that route often exceed the $800 to $1,500 a routine sale would cost and take considerably longer.

Most disagreements resolve well before it gets to court once everyone understands what the home would actually sell for. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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