My siblings clash over the sale of our inherited $110K land plot

May 10, 2024 | 03:01 pm PT
My siblings clash over the sale of our inherited $110K land plot
Rural land in southern Dong Nai Province. Photo by VnExpress/Quynh Tran
My siblings and I decided to sell our inherited land for VND2.8 billion (US$109,990), but my older brother changed his mind last minute and demanded to buy it for less.

My parents have two sons and one daughter, with me being the youngest. All three of us are married.

My father passed away long ago, and my elderly mother is approaching 70. She decided to pass down her 430-square-meter plot of land to us early. Seeing my mother's old age and frailty, I organized a family meeting and proposed selling the land plot, then dividing the proceeds equally among the four of us, my mother included, to improve our lives.

Before that, I did market research and consulted with several real estate agents, and estimated that the land would fetch a high price, around VND2.8 billion VND, due to its proximity to a provincial highway and an industrial park project that will soon be completed.

My family agreed to my proposal and I soon found a buyer, who quickly accepted my asking price and even placed a VND50 million deposit. But as the sale was about to be finalized, my older brother changed his tune and refused to sell the plot.

He said it would be regrettable and wasteful if our family’s land was sold off to outsiders, so he suggested we sell it to him. My sister and I felt that it was a reasonable request, so I turned down the buyer and refunded his deposit, plus an extra amount as compensation.

I then told my older brother that, after deducting his share of the inheritance, he has to pay me, my sister and my mother a total of VND2.1 billion. However, he complained that the plot was overpriced at VND2.8 billion, arguing that its actual value was only around VND2.5 billion.

Of course, my sister and I told him off and we have been constantly fighting about the land plot since.

My brother and sister are firm on their respective prices, but they are rich and can afford to delay the sale of the plot.

Meanwhile, my spouse and I are taking care of my mother and struggling financially.

What should I do in this situation?

Reader Le Anh

*This opinion was translated into English by AI. Readers’ views are personal and do not necessarily match VnExpress’ viewpoints.

 
 
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