Seeeeeeeee theres NO WAY me as an attorney, let alone any lay persons here, can advise UNLESS WE SEE THE DEED.
If it was conveyed to 3 girls SUBJECT TO LIFE ESTATE in Mom n Dad......Mom n dad can sell their Life Estate i.e. that right to live n farm there so long as either lives. They can sell that to farmer dude now n move to town n you cnat stop it. (but you can kick him out after mom n dad die) HOWEVER ONLY THE 3 GIRLS CAN SELL THE FUTURE REMAINDER INTEREST which is fee simple ownership ONLY AFTER mom n dad are both dead. The legal area of FUTURE INTERESTS is complicated which is why AN ATTORNEY needs to see the deed as lay persons might lead you wrong.
SOOOOOOOOOO if you dont wanna sell it then dont freakin sell it. In the event 2 of the 3 girls want to sell but not the other, theres a legal process whereby one or 2 can buy out the others and then sell it of course, AT APPRAISED VALUE so nobody gets ripped off
GET LOCAL COUNSEL dont hang your hat on anything here regardless from attorneys or lay persons who havent read the deed or familiar with your states laws
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Today's Featured Article - Tuning-Up Your Tractor: Secondary Ignition Wires and Distributor - by Curtis Von Fange. In our last episode we spent the entire day checking out the spark plugs. Is that efficency? Actually, it took more time to explain than it really did to do the inspection. At any rate we decided that a compression test was in order so we could verify the internal engine status. That way we wouldn't buy any tune up parts until we were sure that the engine was in reasonable mechanical condition. Our tests showed a fictional compression reading of 85, 80, 82 and 86 psi. That is well within a
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