Legal Question in Real Estate Law in Florida
I own 50% of a Florida residential property. My former business partner informed me in 2008 that she would no longer take any financial responsibility for the property. We are joint tenants and she is still on the deed and the mortgage. I want to explore my options (the property is in Florida but we live in California).
Asked on 5/20/13, 12:20 pm
2 Answers from Attorneys
David Slater
David P. Slater, Esq.
You will have a lien on the property for any expenses you pay for your partner. Do you want to buy her out?
Answered on 5/20/13, 1:28 pm
Barry Stein
De Cardenas, Freixas, Stein & Zachary
You can file an action for partition to split the property and for an accounting so you get credit for what you have paid against the other owner's share.
Answered on 5/21/13, 8:12 am