Legal Question in Family Law in Mississippi

Sale of house and child support
I am selling the house that my ex and minor child live in to my ex. The payment of the house along with payment of the minor child's private school tuition has been my ''child support''. I wanted ''X'' amount of equity from the sale of the house and my ex agreed to give it but then wanted additional funds from me for child support. I balked and she agreed not to require child support if I would take a lesser amount of equity. I agreed and she has applied for a loan to purchase the property. Should I get in writing the terms of this agreement to prevent her from taking me to court at a later date to get additional child support? Would a document written by me and signed by us both be binding? Should it be notarized? Second question. My ex is on the deed to the house but was never on any of the loan documents. For her to purchase the house from me as a refinance loan I must first quit deed the house to her. I have no problem with this other than the fact that she could change her mind about the purchase during the 3 day waiting period after closing and I'll still have a binding quit deed document in effect giving her the property with me making the remaining payments. What can I do to protect my interests in the event she backs out?

Asked on 5/23/07, 2:06 am

Jan Butler Jan R. Butler

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Re: Sale of house and child support

I think this should be submitted to the court for approval, otherwise, your screwed. see a lawyer before you sign anything.

Answered on 6/04/07, 5:18 pm

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