Legal Question in Real Estate Law in Iowa
mortgage payments
Two men buy a condo. A few years later they both marry. One buys a home and moves out, the other stays and his wife moves in until they can sell the place. Since one owner moved out & the other owners wife moved in, how much should everyone have to pay to make this arrangement fair to all until the condo is sold?
Asked on 7/16/09, 9:59 pm
1 Answer from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Re: mortgage payments
There are so many ways to look at it, but I doubt you will find any consensus on what everyone "should" pay. I would suggest you try to work it out. You might also try having someone attempt to mediate between the two of you. Otherwise, your only option may be to have a judge decide for you.
Answered on 7/21/09, 11:26 am