Most properties are purchased by more than one individual. Dual and multi-property ownership will often be altered over time as each individual’s personal situation may change.
Whatever the situation, internal and external share buy-outs of a particular property should be conducted at current fair market value. However, without a Share Buy-out valuation parties can be forced into an unfair sale or property transaction.
The majority of share buy-outs involve one of the parties being forced or pressured to sell all, or a portion of the individuals share in a property. This being the case, often the other parties will buy-out the share well under market value, not the other way around.
Whatever your situation a Share Buy-out valuation can offer a property’s true current market value, then both parties can commence well-informed negotiations.