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Co ownership on a home and land. One person wants to sell.

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Icon Mini Profile jeffgrove





Joined: 19 May 2009

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Post Posted: Tue May 19, 2009 4:33 am    Post subject: Co ownership on a home and land. One person wants to sell.
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My girlfriend lives in Michigan and has co ownership on a house and some land in another location with an old boyfriend. She wants to sell and move to NC but he will not do anything. He is a policeman and abusses his authority to scare her. What can she do?
Icon Mini Profile sara
sara
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Joined: 05 Jul 2006

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Location: New Brunswick, New Jersey
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Post Posted: Tue May 19, 2009 5:07 am    Post subject:
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Hi jeffgrove,

She can file a partition lawsuit in the court. The court will order the sale of the property. From the sale proceeds, the mortgage will be paid off first and rest of the amount will be divided amongst both of them. This will help her to sell off the property as well as remove her name from the property deed.

Take Care.
jeremy11

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Post Posted: Tue May 19, 2009 5:17 am    Post subject:
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Thank you for such a quick response.
Icon Mini Profile sunil87020





Joined: 04 May 2009

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Post Posted: Tue May 19, 2009 10:24 am    Post subject:
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Sara, THANKS i have also learned this fact as I was in trouble with similar problem.
Thank you very much Sara
Icon Mini Profile jeffgrove





Joined: 19 May 2009

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Post Posted: Wed May 20, 2009 6:43 pm    Post subject: another question
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We just found out that her partner had changed the land to agricultural vs. residential in order to pay less taxes but she never knew about this nor did she ever give permission to make the change. Could this be a case of tax froud? Could she be liable for his actions? She called the tax office and the told her it was changed a month ago and he had a farmer plow up the land and plant soybeans. The value of the land went from $44,000 to $28,000.
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

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Location: Nevada
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Post Posted: Wed May 20, 2009 8:17 pm    Post subject:
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Hi jeffgrove,

You need to consult a tax adviser to know if this can be considered as a tax fraud or not. However, if she is also one of the owners of the land, her ex should have informed her about the change of status of the land.

Thanks
gary williams

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Post Posted: Wed Apr 07, 2010 3:58 pm    Post subject: Partiation Lawsuit
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My son and his wife are listed on a deed with 50% interest and we the parents are listed on the deed also with 50% interest since we cosigned the mortgage. If they separate can we force the sale of this home? It's in NC.
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



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Location: ALASKA
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Post Posted: Wed Apr 07, 2010 10:16 pm    Post subject:
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Welcome gary,

I've given my suggestions in regards to your query at:
http://www.mortgagefit.com/northcarolina/sell-property.html#159340

Take a look at it. I hope it'll help you.

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