From worrells.net.au: Co-owner disputes can complicate the sale of jointly owned property, leading to the appointment of Statutory Trustees by the court to manage the sale and ensure fair distribution of proceeds.
The process includes securing the property, obtaining valuations, and managing the sale while considering co-owners’ interests and obligations.
A case study illustrates how selling one property first can help co-owners access funds to resolve disputes and prevent displacing members of the family.