Legal Question in Real Estate Law in Maryland
rental money
i own a home with an ''ex,'' the mortgage is in my name, house in both names. i have never lived in the house, she has with 3 kids. i have paid the mortgage every month for almost 3 years. she randomly sends money. i understand owevership is 50/50 at the sale of the house however doesn't she also owe me rent as she gets to enjoy the utility of the property? so when we sell i should get back all the $ that i have invested; down payment, mortgage + rent, and she would regain all monies she has put forth toward the house.
1 Answer from Attorneys
Re: rental money
Under the law, joint owners of real estate are equally entitled to use and possession unless they have an agreement to the contrary. Your "ex" would argue that your payment of the mortgage is really for the benefit of your children (I assume they're yours) and is therefore child support. (You didn't indicate if you're also paying support on top of the mortgage, but I'm assuming you don't.) The bottom line is if you don't enter into a written agreement regarding these things, you can't expect to be able to claim a superior interest in the property later on. You might try to negotiate something with her now that entitles her to stay in the house for a certain period but defines who will get what at the time of sale. If she's unwilling to negotiate and you are not married at this time (as opposed to just separated), you could file an action for partition and sale and try to argue that you are entitled to a greater share of the proceeds from sale since you contributed more to the equity in the property.