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can someone elses house count as an asset?

  • what a shock
  • what a shock's Avatar Posted by
  • Junior Member
  • Junior Member
31 Jul 12 #346453 by what a shock
Topic started by what a shock
I own a percentage of my mind home along with my brothers. I cannot force get to sell, nor would I be able to upon her death if Tue others do not agree. Will this count towards the pot? Or will it be classed as an unreliable asset?

  • LittleMrMike
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  • Platinum Member
31 Jul 12 #346462 by LittleMrMike
Reply from LittleMrMike
I have the same situation, my two brothers and I jointly own a rented property in equal shares.

You still have a share in it and that is an assets but it is obviously harder to realise it, because your brothers'' shares cannot be touched. But your share is still part of the pot.

There may be other ways of dealing with it, for example, a Court might take into account your share of any retal income, or you could be allowed to keep it in return for a smaller share of other assets.


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