Niel Thomas
Coldwell Banker Best Properties
Phone:(907)265-9106
Fax:(907)375-2962
3000 C Street;
Suite 101
Anchorage, AK 99503

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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Niel  Thomas - Coldwell Banker Best Properties
Office: (907)265-9106   Fax: (907)375-2962   Mobile: (907)244-5648