Scotland - inheriting property/LBTT

[Sturmundcalm]

If I inherited a property with my siblings and chose to keep that property (effectively buying out my siblings) would I be due to pay Land and Buildings Tax/does it count as a purchase? Don't actually know what the house is worth but am assuming about £340k. Obviously will take proper legal advice at some point but still at the head spinning stage where I can't work out the best thing to do...

I think this might come under buying a share of a property you already own
LBTT due but no ADS
But the LBTT website is (deliberately) so difficult to follow that I am not confident I am correct

If you are paying money for the shares then you would be liable for LBTT for that share but not for the share that you inherited.

thanks both - and agree that the LBTT website is hideously difficult to follow!

there will be some cash to be divided as well between us. could i choose to have all of my inheritance via the property therefore minimise the "purchase" value @guessmyusername?