Legal Question in Real Estate Law in Florida
Equity
I bought a house with my brother, then I got married shortly after. My wife and I paid one third of the mortgage the entire time. We are currently in the process of buying him out with a Re-Fi. Is he still entitled to half the equity?
Asked on 3/15/07, 8:38 pm
1 Answer from Attorneys
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: Equity
The purchase price is inclusive of any equity.
Answered on 3/15/07, 8:41 pm