QUOTE(Star_Scream @ Oct 16 2008, 03:50 PM)
i bought a house with my ex-partner 2 years ago.
Now, as we broke up, she doesn't service the loan, do not allow me to rent it out, do not want to sell to others or even selling her half share to me.
And she avoided my call and msgs and the house is left empty for the last 2 years.
Besides declaring myself bankrupt, what other choice do i have to get rid of her name from the house?
The lawyer said nothing he can do about it, unless to bring this to court.
Any advice?
Yes, your lawyer is right, nothing can be done. Now, as we broke up, she doesn't service the loan, do not allow me to rent it out, do not want to sell to others or even selling her half share to me.
And she avoided my call and msgs and the house is left empty for the last 2 years.
Besides declaring myself bankrupt, what other choice do i have to get rid of her name from the house?
The lawyer said nothing he can do about it, unless to bring this to court.
Any advice?
That's why it is always advisable not to put joint name in property ownership. If one disagree to sell the property and reluctantly to sign on whatever reason, the other party simply can't do anything about it. In this kind of situation, the property is as good as a stone.
Even for husband and wife, it is advisable to put under wife name or husband name, don't put joint name. As if one passed away without will or any other reasons, the property need to go through a lot of documentation before it can be sold or transferred. I know people feel secure to put in joint name but there are a lot of troublesome consequences afterwards if something goes wrong afterwards be it divorced, death etc.
Actually if think ahead or properly, it is not as secure as people think to put joint name as well. Just like TS case, even you own half of the property, but the other party reluctant to compromise or agree on you to sign, then owning half of the properties is as same as owning nothing, because the properties is totally useless without the other half signature.
That's why it is advisable to put one name only. If it is husband and wife, then the others party can put a will to transfer the ownership afterwards, much better.
Summarise, if something goes wrong under joint name, it could be troublesome afterwards.
Oct 16 2008, 04:01 PM
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