Legal Question in Real Estate Law in Florida

I want to move out of home owned by myself and a friend

I own a home with a friend 50/50 and she does not want to sell. We do not get along anymore and I want to move, am I still obligated to pay half the mortgage, since she still is living there, or is this abandament. I know about partition, but I don't want to do that seeing how not enough equity, not enough gain on sale. Lawyers, and court fees would eat it most of it up.


Asked on 10/04/02, 1:24 pm

1 Answer from Attorneys
David Slater David P. Slater, Esq.

Re: I want to move out of home owned by myself and a friend

If you signed the mortgage note you are responsible to pay whether you live there or not.

If the mortgage is not paid the bank can foreclose. Good luck.

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Answered on 10/04/02, 6:24 pm


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