Legal Question in Civil Litigation in Georgia
Legal protocol for joint property after a break-up
Stupidly, I bought a Bowflex ($750)
with my boyfriend. It is 2 months old
and in mint condition. We just broke
up, and he wants to keep the Bowflex
for himself. I am ok with this, but his
idea of compensation is to find out
how much money we would get for it if
we sold it, then giving me only half of
that total. I am not ok with this
because he is keeping the Bowflex and
not selling it. If we can only get $300
for it, he only wants to give me $150
back and keep the brand-new
Bowflex. Is he right? If I had legal
advice on this, I could know what to
do! Thanks.
1 Answer from Attorneys
Re: Legal protocol for joint property after a break-up
Forget the "legal protocol" for a dispute over a bowflex. We can't give give you a value. Just come together, work it out at whatever price, and move on. However, consider that as part owner, you take the hit for half the depreciation.