2 owners listed on title and mortgage
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2 owners listed on title and mortgage
I currently own a 2 family home, the other person on the mortgage and title has not paid anything towards the mortgage for 2 years, I reside on the property and am wondering is there a way to take legal action against them to claim funds
Asked on June 3, 2009 under Real Estate Law, Connecticut
Answers:
B. B., Member, New Jersey Bar / FreeAdvice Contributing Attorney
Answered 14 years ago | Contributor
You should definitely talk to a real estate lawyer in your area about this. I don't have all of the facts, and I'm not a Connecticut lawyer, so I can only give you general information. To find an attorney who can give you reliable advice on how to deal with this, one place to look is our website, http://attorneypages.com
As a general matter, you should be able to claim some contribution from the other owner, if there is a negative cash flow; however, your own "rent" and whatever you are getting from the other unit will also have to be accounted for.
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