Division of assests

[JohnNancy]

What is the name of your state?Florida

In 1998 my oldest brother along with my parents purchased a house. At that time the house was deeded to my brother and father. In 2002 my father past away and the mortgage was change to my brother and the estate of my father. Last May my brother had the house refinanced and now his name and my mothers name are on the mortgage. I am my mothers power of attorney and the house is currently for sale. In the 7 1/2 years that they have had the house my brother has only contributed to the mortgage payment this last year, all the years before the payments were made by my father and mother. When the house sells, how should the profits from the sale be divided?

[HomeGuru]

Originally Posted by JohnNancy

What is the name of your state?Florida

In 1998 my oldest brother along with my parents purchased a house. At that time the house was deeded to my brother and father. In 2002 my father past away and the mortgage was change to my brother and the estate of my father. Last May my brother had the house refinanced and now his name and my mothers name are on the mortgage. I am my mothers power of attorney and the house is currently for sale. In the 7 1/2 years that they have had the house my brother has only contributed to the mortgage payment this last year, all the years before the payments were made by my father and mother. When the house sells, how should the profits from the sale be divided?

**A: equally among the titleholders unless the deed states a different percentage.