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property transfer
Is there any guidelines regarding how equity may be split after a relationship breakup. No resoloution yet identified by our solicitors and I do not want to offer any sum to buy out his share due to the nature of the breakup. It was very messy and involves children and basically he deserves nothing. If I let it go to court - how do these cases usually turn out. Is there any previous cases I can refer to for examples. I am in the house with 2 children and want to own it outright myself. We are tenants in common as II put in the origianl equity to finance buying it, we lived in it jointly for 7 1/2 years - he left 2 1/2 years ago and has paid nil to house only CSA for children
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For more on marking an answer as the "Best Answer", please visit our FAQ.I trust, josieann, that you will not mind me adding that I think that your underlying message of sort it out as soon as possible and do not hang about unnecessarily is excellent advice. "Negotiate for the best, and accept the rest" should also be the motto. josieann was in a joint tenancy which her ex husband changed to TIC by unilateral declaration. The ex husband married again and died early, leaving his share of the TIC to the new wife. Six years later the new wife used her inherited share of the TIC to obtain a court order against josieann, to which josieann could offer no defence (because in a TIC there is none) and could not establish a counter-claim, which is quite usual.