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My house, his house...whose

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P

P McC

Junior Member
What is the name of your state?michigan. My boyfriend and I bought a house together, I borrowed the down payment from my mom. We are now breaking up, the house is in my moms name and landcontracted to me. I want to give the downpayment back to my mom from the money we make when we sell. Am I allowed to do that and then split the extra or do we go 50-50 and I have to pay her? We have had the house for 4 years. Please advise.
 
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H

HomeGuru

Senior Member
P McC said:
What is the name of your state?michigan. My boyfriend and I bought a house together, I borrowed the down payment from my mom. We are now breaking up, the house is in my moms name and landcontracted to me. I want to give the downpayment back to my mom from the money we make when we sell. Am I allowed to do that and then split the extra or do we go 50-50 and I have to pay her? We have had the house for 4 years. Please advise.
Click to expand...

**A: at this point it is negotiable.
 
LdiJ

LdiJ

Senior Member
P McC said:
What is the name of your state?michigan. My boyfriend and I bought a house together, I borrowed the down payment from my mom. We are now breaking up, the house is in my moms name and landcontracted to me. I want to give the downpayment back to my mom from the money we make when we sell. Am I allowed to do that and then split the extra or do we go 50-50 and I have to pay her? We have had the house for 4 years. Please advise.
Click to expand...
It doesn't appear that your boyfriend has any ownership interest in the home.
Therefore, technically its your property and you can do what you like.
 
P

P McC

Junior Member
house

Thanks, I want to be fair to him, but I want my moms money to come off the top. It was 10,000. I don't hate him, I just cant stand living with him anymore.
 
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