Legal Question in Real Estate Law in Maine

co-ownership

My mother and aunt co own a cottage in maine. When it comes to repairs and maintenance there sometimes are disagreements. Is there an agreement that can be drawn up that states that all repairs over a certain amount have to be agreed by both parties and if the are done with out agreement one party takes responsibility for all cost.


Asked on 4/22/07, 8:14 pm

1 Answer from Attorneys
Jerome Gamache Ainsworth Thelin & Raftice, P.A.

Re: co-ownership

Yes- an agreement stating just that can be drawn up, I would guess for about a total of 2 hours or so of a lawyer's time. However, the lawyer can only represent 1 of them, so the other may want to have another lawyer look at it to be sure it covers all of her concerns.

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Answered on 4/23/07, 7:43 am


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