My wife and I along with my daughter and her husband purchased a campground my wife and I made the down payment,my daughter and son in law made no investment at that time, the agreement was it would be for my retirement and their future, my daughter and son in law are dicvorcing and now how to get his name off the deed and what if any is his worth in the property?

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Originally Posted by massey2244

My wife and I along with my daughter and her husband purchased a campground my wife and I made the down payment,my daughter and son in law made no investment at that time, the agreement was it would be for my retirement and their future, my daughter and son in law are dicvorcing and now how to get his name off the deed and what if any is his worth in the property?

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The Court will determine the value and ownership of both his and her share. Now that the divorce is underway they cannot dispose of any property. The Court will probably order a buy out of his share and will arrange for a new Deed if he is bought out.

Or he may just hold his share - like a thorn in your side - as long as it suits his purpose.

If he's on the Deed he owns a percentage of the property. It sounds like 4 people are titled owners; he owns 1/4 of the value of the property. If 2 people are on the Deed, then he owns 1/2.

The court will determine what buy out of this is, if any.