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-   -   Remove name off contract (https://www.askmehelpdesk.com/showthread.php?t=714815)

  • Nov 7, 2012, 05:16 AM
    Dserna
    Remove name off contract
    Buying a house with a friend she has not paid her part would like to take her name of contract
  • Nov 7, 2012, 05:19 AM
    Fr_Chuck
    Have you, her and the seller, all sign an agreement taking her off
  • Nov 7, 2012, 05:27 AM
    Dserna
    Quote:

    Originally Posted by Fr_Chuck View Post
    Have you, her and the seller, all sign an agreement taking her off

    No she won't sign
  • Nov 7, 2012, 05:33 AM
    joypulv
    Then you can't. And you are each liable for the entire payment - the lender doesn't care if they get it all from you, or all from her, or part from each of you. If she isn't contributing her part, you have to sue her, but just for money, not for her name off the contract.
  • Nov 7, 2012, 06:07 AM
    ScottGem
    More details are necessary. What stage is the purchase in? Where is this happening? Do you have enough to buy the house on your own? What is the state of financing?
  • Nov 7, 2012, 08:49 AM
    Dserna
    It was a deal between us and seller got 4years into paying on it what lagel way can I do it
  • Nov 7, 2012, 08:50 AM
    Dserna
    Quote:

    Originally Posted by Dserna View Post
    It was a deal between us and seller got 4years into paying on it what lagel way can I do it

    N.m
  • Nov 7, 2012, 09:18 AM
    ScottGem
    Ok, so this was a contract for deed. That wasn't clear.

    Your only option is to sue the other party to either pay their share or sign over the contract.
  • Nov 7, 2012, 01:22 PM
    Dserna
    If I can get her to sign what do I get her to sign if not sue her money she owes
  • Nov 7, 2012, 01:25 PM
    ScottGem
    You have to draw up a new contract with the seller, that removes her name along with a release from her agreeing to being removed. I would strongly suggest having an attorney prepare the documents.
  • Nov 7, 2012, 01:31 PM
    Dserna
    Me and seller have one already seller agrees she is in brech of the contract do we her need in order to sign the new one sorry at work so bear with me
  • Nov 7, 2012, 01:39 PM
    ScottGem
    Well if the contract has terms that can be used to just says she is in breach, then you may be able to use it. We need to know exactly what the contract says about a breach.
  • Nov 7, 2012, 02:09 PM
    Dserna
    She has not paid a dime mortgage texes nothing we just did same contract just took her name off and up the mortgage payment
  • Nov 7, 2012, 02:20 PM
    ScottGem
    You aren't understanding me. You just can't remove her name, You have to have legal grounds to do so.

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