Yes, it is possible to sell an ownership interest in a property without selling the entire property, but that doesn't mean you should accept an offer of $1,000. If you legally own 50% of the property, the other owners generally cannot sell your 50% without your authorization. They may be able to transfer or sell their own interest, depending on how title is held and the circumstances of the estate, but that is very different from selling the entire property. Before doing anything, I would verify exactly how title is currently vested and whether your father's and brother's estates were properly handled. The deed, probate documents, and current title report are important here. Your brother's four children may have inherited his interest, but the exact ownership percentages should be confirmed from the recorded documents. I would also get an independent opinion of the property's current market value before responding to the $1,000 offer. If you own half of a valuable property, $1,000 could be nowhere close to the economic value of your interest. On the other hand, an undivided interest can sometimes sell for less than a simple 50% of the property's market value because it may be difficult for a buyer to control or sell the property. Don't sign a deed, quitclaim, assignment, or other document just because someone is pressuring you to accept the $1,000. Have a local real estate/probate attorney review the title and inheritance documents and explain exactly what rights you have as a co-owner. You may also have options such as negotiating a buyout with the other owners or agreeing to sell the entire property and divide the proceeds according to everyone's ownership interests. If the co-owners cannot agree, a partition action may be an option in some circumstances, although that's something I'd discuss with an attorney before taking that route. Juan Picos Real Estate Agent JohnHart Real Estate


