ChatterBank4 mins ago
Transferring my property to my ex
1 Answers
I own 25% of a share ownership home which I brought in 1993 with my ex-wife.
When we divorced the 25% of the property, which is in my sole name, was charge back by the judge until my daughter becomes 18 years. (She is currently 14).
The property would then be sold and the equity split 50-50.
My ex wife wants to buy me out and I am happy to let this happen.
I want to advise on the steps she needs to take to make this happen.
She is under the impression that she does not need to pay the mortgage as it is in my name.
She is reluctant to seek legal advise due to the costs involved.
Can anyone help?
What steps does she need to take?
When we divorced the 25% of the property, which is in my sole name, was charge back by the judge until my daughter becomes 18 years. (She is currently 14).
The property would then be sold and the equity split 50-50.
My ex wife wants to buy me out and I am happy to let this happen.
I want to advise on the steps she needs to take to make this happen.
She is under the impression that she does not need to pay the mortgage as it is in my name.
She is reluctant to seek legal advise due to the costs involved.
Can anyone help?
What steps does she need to take?
Answers
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