1 Comments Self-managed super funds, superannuation, wealth management
If you manage to you can sell just your share 50% of the property without permission from the other co-owner. Most people do not wish to buy half of a property of course but it may be possible especially if it is mainly for rental income.
If parties cannot agree try to mediate - a bit odd the co-owner wishes to do this but at the end of the day it is negotiation nothing is off the table.
There are legal remedy if you cannot agree - expensive. This link of a law firm explains it reasonably okay. Similar provision exist in different states.