What to do about a house that I bought with my boyfriend now that we have split up?
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What to do about a house that I bought with my boyfriend now that we have split up?
I bought a house with my ex-boyfriend about 2 years ago. Both of our names are on the papers for the house and the mortgage. I paid the downpayment on the house and additional funds while living there. I moved out after we split. He still pays the mortgage and lives there but my name is still on both. He wants me to sign a quitclaim deed to remove my name from the house but my name will still be on the mortgage. I refuse to do this while my name is still on the mortgage. Is it possible to get my downpayment back as I do not live there and remove my name from mortgage? What options do I have?
Asked on November 29, 2011 under Real Estate Law, Florida
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
If you former boyfriend wants you to sign a quitclaim to him of your interests in the property where you receive no money for the quitclaim, you need to consult with a real estate attorney about the situation you are writing about.
From what you are writing, it seems that if you sign the quitclaim of the property that you have an ownership interest in you get nothing for your interest. You need to astertain what the property is worth and once ascertained, if you want to sell out your interest to your former boyfriend, he can make you an offer in writing. If you do sell your interest in the property, you should consult with a real estate attorney further and have a formal escrow established for the sale.
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