2007-03-06 17:29:31 · 2 answers · asked by Shawneerain1 1 in Family & Relationships ➔ Other - Family & Relationships
If you are joint owners of the property it depends on the percentage of your initial investment. so if you put 60 thousand in compared to his 40 thousand, he would have to pay you 60% of the property's current market value if he wanted to keep the house. if you wanted to keep the house, you'd have to pay him 40 % of what the property is worth. If neither of you want to keep it then it's divided based on how much you invested.
2007-03-06 17:36:04 · answer #1 · answered by Alyeria 4 · 0⤊ 0⤋
Depends on what state you're from. If there is any way to jointly agree that would be best because someones going to get screwed. It also depends on whose name is on ownership papers
2007-03-07 01:34:29 · answer #2 · answered by gitsliveon24 5 · 0⤊ 0⤋