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    Arte's Avatar
    Arte Posts: 1, Reputation: 1
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    #1

    Apr 1, 2010, 09:26 AM
    Default payment
    My ex-partner has defaulted on a Promissory Note payment. The payment was to me for my share in a mobile home in Florida. I bought the house and still hold the title but it is in both names, i.e. "his name" OR "my name. What recourse do I have? Can I assume that I am now the owner and can put the house up for sale?
    RickJ's Avatar
    RickJ Posts: 7,762, Reputation: 864
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    #2

    Apr 2, 2010, 10:29 AM

    1. Did you file the Promissory Note with the local Clerk of Courts?

    2. If the property is in both names, you cannot sell it unless he agrees. And if he does agree, then the proceeds would be made out to both of you.

    If you can give more information about #1, one or more of us can help further.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Apr 2, 2010, 12:33 PM

    You may sue him in court over the note.

    If this was not a lien, merely a note, you can not use foreclosure on it
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