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Southern Illinois | I have some land that I rent that is owned by 2 siblings(not related to me). One wants to sell and the other does not. They have agreed to allow me to buy an undivided interest but as I understand there is usually a discount. The sibling selling understands this as well. He wants his sibling to keep their share and does not want the expense of an auction. They have had it appraised. Anybody had any experience with this and if so what should the discount be? | |
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What is an undivided half interest worth?
