ask-redweek-sunset-clause

Often "sunset" is portrayed as something that leads to chaos without clear legal or practical arrangement. That is not accurate. In all states, once owners become tenants in common, the property can be sold in what's called "sale in lieu of partition." Depending on the state, accomplishing such sale may take some work, which is why it is important to plan in advance. However, most states have very favorable legislation to ensure that such a sale is achievable and that the proceeds from the sale are fairly divided among owners.