Ask Experts Questions for FREE Help !
Ask
    ladybug777's Avatar
    ladybug777 Posts: 6, Reputation: 1
    New Member
     
    #1

    Mar 19, 2007, 03:50 PM
    Deed transfer
    I was married 26 yrs. We bought a house on a land contract (both names)I lived in the house 11 yrs & then got divorced. He would not leave because he has a homebased business in the house. The divorce papers said that all property was divided 50% before the divorce was final. He refused to settle the house. So 16 yrs later(last week) he called & said that he paid off the house; his lawyer wants me to sign an amendment to the divorce.? Yrs ago I went to a lawyer & he said I can't make him pay me my half of the house because I never put a time lock in the divorce. So what do I do? How can he get his name on the deed without paying me off at least? I think he is lying & not selling the house Any suggestios would be helpful but I do believe he paid off the contract. Thanks!
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Mar 19, 2007, 04:01 PM
    you really need to talk to your attorney.

    A land contract may or many not have any value at the time of the divorce. Not all contracts gain value until the contract is complete.
    so at most you would have only had that value of the contract at the time of the divorce. And that should have been settled at the time of the divorce not 16 years latter. When the house was finally bought 16 years latter, you would have no longer been on the contract due to the divorce ( my guess at this point) And most certainly not due 1/2 of the house at all, since you would only have that value of the contract at the time of divorce, since he has paid on the contract hisself for16 years.

    I would say that even if he paid off the contract at this point you would still have nothing coming, but that is just my opinion.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Wrongful deed transfer [ 3 Answers ]

My husband has his name as a co-owner on the house deed which has his paternal aunt as a co-owner too. The aunt has legally adopted him when he was a child. Her intention even behind adopting him was to loot money from his parents and have a secure financial future for her and her four children. ...

Transfer of Deed but retain the Mortgage [ 1 Answers ]

A friend ask me to purchase a house for him in my name(because of my credit history). He promises to pay the mortgage and other costs. If I transfer the deed to him but keep the mortgage in my name, what are my rights concerning the property. In case he does not pay the mortgage. (I know that my...

Missouri deed transfer [ 2 Answers ]

My ex-wife and I own property in Missouri (a time share). I recently traded in this time share towards the purchase of another with the same company. However, now I'm having trouble getting my ex-wife to transfer the original deed to my name only to complete this transaction. Is the 2nd contract...

Deed transfer [ 2 Answers ]

My father is in the process of transferring the deed of a house to me. Is refinancing necessary?:eek:


View more questions Search