Why Forced Sales Occur
Forced sales generally occur because tenants are unable to agree upon certain aspects of the ownership. The owners may disagree on how to use the property, on the amount of money to invest into the property, or on their right to occupy and use the whole of the property. If the parties cannot come to an agreement, the case moves to court through a petition to partition action. As the number of co-habitants increases in the United States, the petition to partition action has become more common as a remedy to divide real and personal property.
Property may be owned by more than one person either as joint tenants, tenants in common, and in some states tenants by the entirety. The choice of which tenancy to enter into is made by the parties at the time of purchase. With each type of tenancy, each owner has the right to occupy the whole. That means that an owner is not allowed to designate certain rooms as their own and so on. Each element of the property is enjoyed fully by all parties.
Read more about this topic: Forced Sale
Famous quotes containing the words forced, sales and/or occur:
“For in all the world there are no people so piteous and forlorn as those who are forced to eat the bitter bread of dependency in their old age, and find how steep are the stairs of another man’s house. Wherever they go they know themselves unwelcome. Wherever they are, they feel themselves a burden. There is no humiliation of the spirit they are not forced to endure. Their hearts are scarred all over with the stabs from cruel and callous speeches.”
—Dorothy Dix (1861–1951)
“The damned are in the abyss of Hell, as within a woeful city, where they suffer unspeakable torments, in all their senses and members, because as they have employed all their senses and their members in sinning, so shall they suffer in each of them the punishment due to sin.”
—St. Francis De Sales (1567–1622)
“The frantic search of five-year-olds for friends can thus be seen to forecast the beginnings of a basic shift in the parent-child relationship, a shift which will occur gradually over many long years, and in which a child needs not only the support of child allies engaged in the same struggle but also the understanding of his parents.”
—Dorothy H. Cohen (20th century)