The problem is then that in order to get their money and sell, Meri and Janelle need Kody and Robyn both to agree to sell. They can still block access to M and Jās money.
J&M need to spend some time camping on their joint property with K&R, I mean The 3 OGS set up rocking chairs getting their drink on, whooping it up. Having get togethers and celebrations with all the kids and grandkids. K&R can watch but will not be invited. Except for the kids, I would make damn sure they knew they could come hang with their siblings if they wanted. I would do everything in my power to make holding on the that land we share miserable for them. It would make for good tv show content watching all the OGs mess with K&R, lol!
Iāve been involved with family in the past with real estate (at one time there was 5 of us on the property deed). If this diagram comes from the actual legal/property deed, then it would be wise for Kody and Robyn to either agree in selling the property or buyout the other shares if they want to keep it. It will cost them thousands of dollars and headaches if it goes to the courts which will end up telling them exactly what I just said. As for giving them the money, again, they will end up paying a lot more in court battles which they will lose.
My advice to everyone is donāt get involved with family and friends when it comes to money.
I feel, that grody did it this way to screw Mary and Janelle, bc the only land they can sell is the one they solely own. The other 2 plots they have to either buy k/r out, cause k/r wont be able to buy them out. And why does Sobyn get 54% of the total property when she didnāt even pay into the land.
God I canāt believe Iām about to do this lmao, considering I canāt stand her, but I have to defend Robyn here. She did pay into the land- her TLC share which was the main income for all of them (people seem to always forget this aspect of their finances).
That said, she should only be getting 25% - which is what this is. They each have a stake in 3 pieces, and those pieces are split in value properly. The two largest and most expensive plots are split between the four of them, and the two smaller plots are split between K/R and J/M
Now, unfortunately the only thing that I find irritating is that Meri and Janelleās sole land piece is wedged between the rest (it would be easier to sell just that piece if it was on the edge I imagine).
I would generally agree but if you take into account the debt she came in with, the perks and trips sāshe paid with her grocery moneyā and all the shopping and siphoning family money into her home and onto her walls.. I would wager she took out and spent way more than she put into that family pot.
Good points...butttt (yikes i might as well throw my hat into the ring here as well) would the show be as successful without her, though? Let's be honest with ourselves...would we really just watch cooking with christine over there or meri and blaiiirr redoing the attack space of the carriage house? Probably not...robyn brought the dramz....
Definitely, the whole plot line of Kody bringing a new wife into the group was introduced in the 1st episode and it is what brought the drama (and sold it to TLC) I think people forget that.
Yes, I would say so. Kody sucks as a person, but the shit he says and does is chaotic, so that can make for interesting TV. Also, there was interesting family dynamics between/with the OG3, and I would've loved it if they got into more about their history.
They can possibly do a partition sale, which isn't uncommon in divorces and inheritances where the recipients don't agree.
According to Dr. Google, this is the definition: A partition sale isĀ a court-ordered process where jointly owned property is sold, and the proceeds are divided among the co-owners according to their ownership percentages, resolving disputes when they cannot agree on how to manage or dispose of the property.Ā
Someone posted this on another subreddit and another poster said this gives each person including Kody about 25% of all the land. Seems fair enough to me.
Only if Robyn and Kody also gave Janelle and Meri proceeds from the sale of Martyrdom Manse. Fairest thing would have been for the lovebirds to quitclaim and let Meri and Janelle have it all.
Only talking about splitting up the land by itself and not considering all the other financial issues. Yes overall Janelle and Meri deserve more. Unfortunately unless they want to litigate it this was the easiest way to the settle the land.
Assuming the last 2 plots are relatively equal in size, then everyone has the same amount of % to their name. Kody and Robyn are seen as separate which is interesting since they are legally married and were married at the time they purchased the land. Where is the confusion? Isnāt it simple math/factions?
The 2 small lots are the same size. The 2 large plots are not equal in size, which is probably why all 4 names are on those lots. This distribution gives each of them the exact same percentage of ownership.
There is a post in another sub-reddit about the actual contract wording and what it means if anyone wants to sell. Apparently Meri and Janelle can sell their portions of the large lots without Kody and Robyn's approval. (At least that is the way I read that post).
From what I've read and heard, they signed paperwork where Kody and Robyn give up their claims as each other's spouse. They don't get the other's share if one of them dies. The other owners get that share. With all of the names on the big lots, it means the remaining 3 would own ā instead of Ā¼.
No, exactly the opposite is true, they signed papers saying their parts are marital property with death benefits so if one does, the other gets their whole 50%
Yeah, my guess is some smart person entered the room (maybe Janelle or Meriās lawyer?) and said look, weāre fixing the ownership right now before anything starts selling.
I think itās split up by value of each lot. If theyāre all listed on the most valuable lots then they all get an equal share when they sell. The two small lots probably have the same value.
Kody and Robyn should havenāt gotten any of it imo. They owe Janelle and Meri SO much more than that. They were always taking so much hit if the family pot. Kody has always lived off the wives
Why divide it this way? Just put one of them on each piece, or if the larger pieces are worth more, put Janelle and meri on one large and one small and kody and Robyn on the others.
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u/Crayons_on_the_walls Kody's "Round Peg" š 4d ago
The problem is then that in order to get their money and sell, Meri and Janelle need Kody and Robyn both to agree to sell. They can still block access to M and Jās money.
Hopefully, the whole thing goes up for sale soon.