06 July 2017

It happens that the owners of one apartment are extraneous to each other – a small part of the room can go to a stranger for a gift or bequest. Typically, the owner of the smaller part of the apartment has no objections to sell it, especially if he does not live in it – but at an inflated price. But is there any chance to oblige recalcitrant co-owner to sell the share at a market price? This possibility does exist, and it is once again confirmed by the Supreme court.
Oxana Stupina, associate at Khrenov & Partners commented on the issue.


Usually it happens when a deed of gift is being executed or if the property is transferred to several heirs. And on one side the owners of shares are the persons who are in kinship or family relationship and share the property, on other side– someone who has a minor share in the common property, says Oxana.




The whole article in Russian is here