Legal Question in Real Estate Law in North Carolina
I loaned my boyfriend/fiancee $54000 ten years ago for a down payment on a house in Asheville, NC. The property is deeded in his name only. There is no written agreement between us, just the canceled check.
We are now breaking up and he feels he does not have to repay me because I lived in the house for 10 years. He contends it was "rent free".
Am I entitled to my money back, as it was either intended to be a loan or I was to be named on the deed in lieu of repayment?
Asked on 7/23/10, 6:38 pm
1 Answer from Attorneys
Jeff Rosner
Rosner Law Firm P.A.
If it was intended to be a loan then you have a cause of action. You will have to bring a lawsuit. There are a number of other factors involved including statute of limitations and you had best consult an attorney in your area.
Answered on 7/26/10, 5:18 am