What legal documents are needed if I bought a piece of land from my sister?

Full question:

I bought a lot from my sister a couple years ago but we never completed any legal documents. Since then I have built a house. I would like to complete, file, the necessary forms to make the land purchase transaction complete under the law. What forms do I need?

Answer:

Typically, at a minimum, the sale and purchase of land involves a sales contract and transfer and recording of a deed.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

If one sibling does not want to sell the house, the other sibling may need to explore options like negotiation or mediation to reach an agreement. If an agreement cannot be made, the sibling wanting to sell can file a partition action in court. This legal process can force the sale of the property, allowing the siblings to divide the proceeds. It's advisable to consult with a real estate attorney to understand the specific laws and options available in your state.