Posted by rebecca on 12/26/12

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Hi there,
we are located in oregon and my father inlaw inherited a
115 acre parcel of land with his two sisters and a 69 acre
parcel that borders the shared property. He has tryed to
buy out his sisters at a reasonable price and they have
refused! They want to sell it but only for inflated prices.
They had the shared property divided for appraisal purposes
into multiple parcels. Each parcel is a field as we are
farmers and farm the land. Only a few parcels have water
rights. Each parcel was given its own value. Most of the
fields fall between 38,000.00 and 190,000.00. There are
technically 7 Parcels. The two sisters want 500,000.00 each
for their 33.3 acres? One sister occupys the familly home
on the 115 acre shared portion . She is into drugs and etc
and is quite the liability. At any reight the familly home
and lake and several shops that were seperated into one 12
acre parcel is valued at 490,000.00 . My question is this,
would my father inlawbe intitled to what his sisters are
asking for in monetary value in property? Since they want
500,000.00 each could he ask for 500,000.00 worth of
parcels instead of cash or dividing it into 33.3 acres
each? especially since the portion with the home which the
sisters deffinently refuse to sell is worth so much more
then the fields?

Inherited land, 12/26/12, by rebecca.

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