Legal Question in Real Estate Law in New York
My wife & I purchased a home with her two brothers. 12 years ago one brother made it impossible for my wife and I to continue living there. He demanded we move and sign a contract (1) accepting $50,000 to purchase our interest and (2) removing our name from the deed within ONE year. We accepted the $50K. However, despite several requests, he NEVER removed our names from the deed and we had several resulting financial problems. 12 years later, the mortgage is satisfied and he is demanding that we execute a new deed signing the house over to him and his wife. The agreement was that he remove our name in a year. He didn't do that and he is now to trying to enforce that contract. Am I entitled to any remedy since I had to have the house in my name unwillingly for 12 YEARS?????
1 Answer from Attorneys
Thank you for submitting your question. In order to advise you regarding your issue, I will need more detailed information. Please feel free to give me a call anytime on my cell at 516-314-1343 so that we can discuss the particulars regarding your inquiry.
I look forward to hearing from you.
Tommy A. Sirianni, Esq.