Legal Question in Real Estate Law in New Jersey
joint ownership and sale
If my name is on the title of a boat as a joint owner, am I entitled to any payment, according to law, when the boat is sold by the other owner?
Asked on 9/27/07, 11:40 am
2 Answers from Attorneys
Bernard J. Berkowitz
Berkowitz & Raiken
Re: joint ownership and sale
Why is your name on the title? If you paid anything towards the purchase or the maintenance you may be entitled to some part of any sale. Also, if your name is on the title, you would have to sign it in order for there to be a sale. Any questions please call.
Answered on 9/27/07, 11:55 am
Robert Davies
The Davies Law Firm, P.A.
Re: joint ownership and sale
Yeah, you OWN IT. so it does not get sold unless you agree to the sale.
Call me. You sound confused. I may be able to assist.
Answered on 9/27/07, 12:02 pm