Legal Question in Real Estate Law in Florida

Real Estate

I recently purchased a mobil home in Fla. I purchased it with my fiancee, he is almost 20 yrs my senior. Both names are on the paperwork, what kind of contract do I need to protect myself in the event of his departure. He took out an equity loan for his half of the purchase, I'm assuming that it has no bearing connected to the mobil home, and it is his debt, not mine?? Thankyou--name removed--Blair


Asked on 7/07/04, 11:23 am

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

Re: Real Estate

If you purchased as tenants in common, you each own an undivided one half interest in it. He can sell it to whom ever he wants. You need an agreement for him to sell to you. If you purchased it jointly, it goes to the survivor. Unless he mortgaged his half, the equity loan debt does not attach to the mobil home.

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Answered on 7/07/04, 11:29 am


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