Terminate Property Co-ownership - Force Property Sale in Greece

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Very professional and helpful
Christopher Hobbs
Christopher Hobbs
06 Feb 2024

Service Details

Terminate Property Co-ownership - Force Property Sale

This service is available across Greece

Who Is This Service For?

  • This service is suitable for individuals or entities who are part of a property co-ownership in Greece and seek to dissolve this arrangement. 
  • This may involve co-owners who have inherited property, purchased property jointly, or acquired it through other means and now wish to separate their interests either by division of the property or by selling it and dividing the proceeds.
Who Is This Service For?

Prerequisites

  • The legal requirement for terminating co-ownership in Greece involves proving co-ownership under substantive law and the failure to reach an out-of-court agreement for the distribution of the property. 
  • The process is initiated when co-owners cannot unanimously agree on the property's division or sale.
Prerequisites

Process: Our Approach

  1. Legal Action for Distribution: A lawsuit is filed for the distribution of the property, which is based on the co-owners' shares and the possibility of physically dividing the property without diminishing its value.
  2. Court Decision on Distribution: The court assesses whether the property can be divided into parts proportional to the co-owners' shares in a way that doesn't reduce its overall value. If division is feasible and beneficial, the court may order such a division. Otherwise, it may decide on other means of distribution, such as selling the property and dividing the proceeds.
  3. Execution of Court Decision: Depending on the court's decision, the co-ownership is terminated either by dividing the property among the co-owners or by selling it and distributing the sale proceeds.
Process: Our Approach

Advantages of this Service

  • Expert Guidance: Navigating the complexities of Greek property law and court procedures can be challenging. Our service provides expert legal advice and representation.
  • Efficient Resolution: We aim to achieve an efficient and fair resolution that aligns with our clients' interests, whether through negotiation or litigation.
  • Comprehensive Support: From filing the lawsuit to executing the court's decision, we offer full support throughout the process.
Advantages of this Service

Key Elements of this Service

  • Representation in legal actions for property distribution.
  • Assistance in negotiations for an out-of-court settlement.
  • Legal advice on the division of property or sale and distribution of proceeds.
  • Managing all administrative and legal aspects related to the termination of co-ownership 
Key Elements of this Service

Free Support Services Included

When combined with the free and innovative Advocate Abroad support services you can be sure that you are obtaining completely transparent legal services from registered and regulated English-speaking lawyers abroad.These support services include:

  • Verification of the regulatory status of your professional.
  • Fees as recommended by the Local Professional Body
  • Fees specified in advance and legally guaranteed.
  • Service levels agreed in advance and guaranteed.
  • All professionals must hold professional indemnity insurance.
  • Professionals' proficiency in English monitored.
  • Continuous quality controls and reviews.

Why choose Advocate Abroad?