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lilwreck17 · Joined: 28 May 2011 Posts: 1 1.31 Dollars($)

I own a home with a friend. We are 50/50,both names on the title of the home. Circumstances will have it that one of us is going to have to leave. But, neither of us is planning on selling the home. the person who stays in the home will pay the full mortgage every month. While the person who moves out will split the property taxes and any major maintenance on the home. My question is, does the person who leaves the loc forfiet any rights to the property?

smithsussane · Posted: Sun May 29, 2011 7:49 pm Post subject:

Hi lilwreck!

Welcome to forums!

If the person leaving the property has his/her name mentioned on the property deed, then he/she will still remain the owner of the property even if he/she leaves the property.

Feel free to ask if you've further queries.

Sussane

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if 2 friends own property, and one moves out, not selling there potio, i.e. title on home stil 50/50,do they loose any property rights?

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