Legal Question in Real Estate Law in New York
joint ownership
If two people are the owners of property and one of the parties can no longer afford to make ANY payments to sustain the property and is also in trouble with the IRS, can the other party who continues to make payments go to the hall of records and take the other person's name off of the property?
Asked on 5/13/07, 10:47 pm
1 Answer from Attorneys
Michael Moberg
Moberg & Associates
Re: joint ownership
No. Unfortunately, the other party must sign a Quitclaim deed. If that person does not cooperate in signing the deed or selling the house, you can commence a Partition action.
If you should have any further questions, please do not hesitate to contact me. Good luck!
Answered on 5/14/07, 10:56 am