Legal Question in Civil Litigation in Virginia

I am a 50% owner of a boat (worth approx. $60,000). I entered into this ownership agreement without any written contract. We both paid an equal amount to have the boat custom built. I have not used the boat for approx. 4 years. During this time the co- owner continued to use the boat and has paid for repairs, property tax and insurance on the boat. At this point I want to sell the boat and recoup some of my investment. The co-owner does not want to sell the boat and does not want to purchase my half. Can I force a sell or a purchase of my half?


Asked on 9/22/16, 9:12 am

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Yes, possibly, depending upon the terms of this verbal ownership agreement, but

without knowing more of the relevant facts surrounding this agreement, I could npt

offer a definitive opinion on this matter.

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Answered on 10/09/16, 8:36 am


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