What happens if one of the co-obligees buys property from the obligor to cover their share of the debt?
In such a case, the other co-obligees have two options. They can either demand that the buyer guarantee any decrease in value that their shares have suffered, up to the value of the purchased property. Alternatively, they can choose to seek a refund from the obligor for their shares. Additionally, if all parties agree, they may also choose to share what the buyer has purchased.