Legal Question in Real Estate Law in Georgia
Implied Ownership
I was in an 11 year partnership that ended in 2000, while together we purchased numerous investment properties. Typical process was to individually mortgage but jointly take title. After termination of partnership, it appears that some of the properties were never deeded with my name, however, I continued to pay for maintenance, taxes and upkeep. Am I entitled to any ownership, or have I legally been swindled? PLease advise.
1 Answer from Attorneys
Re: Implied Ownership
If there is a contract for the partnership, the terms of it would apply. If not, it may be possible to gets some compensation for partnership property, sort of like a divorce.
If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.
The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.
Glenn M. Lyon, Esq
MacGregor Lyon, LLC
Promenade II
1230 Peachtree Street NE
Suite 1900
Atlanta Georgia 30309
Phone 404.942.3545
Fax 404.795.0993
www.macgregorlyon.com
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