Legal Question in Real Estate Law in New Jersey

Do you have a co-owners' or a partnership agreement? If so, that might spell out what your respective rights and obligations are. If not, no one can force anyone to do anything, but if you can't agree, you both may end up in court, which will eat up the value of your share or the entire value of the property. You both should seek a neutral person to help mediate whatever issues you disagree on. If you cannot come to an agreement, perhaps you should agree to sell the property and share the net proceeds according to the ratio of your respective investment ratios.

THIS RESPONSE IS NOT LEGAL ADVICE, SINCE I DO NOT HAVE ALL OF THE INFORMATION THAT WOULD BE REQUIRED, AND I DO NOT HAVE A REPRESENTATION AGREEMENT WITH YOU.

* If the answers to your question confirm that you have a valid issue or worthwhile claim, your next step should almost always be to establish a dialog with a lawyer who can provide specific advice to you. Contact a lawyer in your county or township.

* Another reason for contacting a lawyer is that it is often impossible to give a good answer in the Internet Q&A format without having more information. The unique circumstances of your situation and things that you may not have thought to mention in your question may completely change the answer. If you want to be sure that you have a complete answer to your question and an understanding of what that answer means, establish a connection with a lawyer who practices in the area of your concern.