Joint Owner Problem

New Jersey

I purchased a property (2 family house) with a partner in New Jersey about 10 years ago. I then returned to my native Ireland. My name is still on the American mortgage. In that time I have received no rent money and limited correspondence from my friend.

Does anyone know how I can check what monies are left outstanding on the mortgage and what the current value of it would be?

Does anyone know what rights I have? Can I force my partner to sell so I get my fair share? Could he have sold or remortgaged the property in my absence?

Any help would be really appreciated.

[BelizeBreeze]

Contact the lending institution directly. Then Partition your partner forcing him/her to either buy you out or have the court sell the property.

[HomeGuru]

Originally Posted by ddboyle

New Jersey

I purchased a property (2 family house) with a partner in New Jersey about 10 years ago. I then returned to my native Ireland. My name is still on the American mortgage. In that time I have received no rent money and limited correspondence from my friend.

Does anyone know how I can check what monies are left outstanding on the mortgage and what the current value of it would be?


**A: contact your lender and hire an appraiser.
**********
Does anyone know what rights I have?

**A: you have a right to demand a full rental history and accounting.
********

Can I force my partner to sell so I get my fair share?

**A: partition action.
*******

Could he have sold or remortgaged the property in my absence?

**A: No, since you must sign the deed.
*****

Any help would be really appreciated.

**A: hire an attorney but be prepared for a fight since you have not been paying your share of the mortgage.