We asked for a buy out but hes basically ignoring it. He thinks I don't have a case even tho I own 50% outrightI agree that you are due compensation for the money that you put into the property and therefore do not have available to use to find alternate housing. I agree that legally you own half of the house (which you could continue to own even if you didn't live there anymore). However, morally you should probably give your dad his house back as long as you get compensated.
That is the real beef. We went down and I was out in deed 50% undivided rights joint owner (or something like that) my issue is how he turned on us after his wife came back and wanted to kick us off after I gave him a year of no responsibility. We've been living in the house a year and no contract exsists. I don't think he can move in the house if he wants. My custody case is priority A, the house is B. But it's extremely draining with both. I believe that's the motive with him. So I lose focus.Agree the property fight has nothing to do with childs welfare ....
Unless Dad somehow agreed to the exclusive use of premises by others , he has co equal right to be in home ...so what's the real beef?
MY guess is it's going to be far cheaper and faster to cut cards or have an internal auction for the 50 % than the legal bills to implement partition .
Thank you, the deed is titled (father) and (mother) as to 50% undivided interested, and their son, (me), a married man, as to a 50% undivided interested, all as JOINT TENTANTS.1. Confirm the way deed is titled ...it's probably 50/50 tenants in common but check it and make a copy of same,
2. I believe as a layman and a good bit of dabbling in RE investments that unless there is a clear record that he agreed or acquiesced to your sole occupancy of the joint premises that he is entitled to show up with a uhaul and move in with you! BUT if in fact he moved out and you were there for a year , paying the bills, making the improvements , then I think there is a decent point that he in fact agreed /acquiesced to your sole use. Let your lawyer advise.
Dad is apparently ganging up with child's mother to play both cards against you?
Use your lawyer to play stronger hands!
Wouldn't buying a trailor and placing it on the property and living in it for a year be a clear record that he agreed or acquiesced to sole occupancy of the joint premises? When the police were called when the big fight happened he tried to say he had the right to go into the house and cop asked if he had anything that was his inside. He said no (except applicances that are part of the house) the cop told him since we lived in the house for a year and he lived in another place on the property he didn't have a right to enter. Is he wrong?1. Confirm the way deed is titled ...it's probably 50/50 tenants in common but check it and make a copy of same,
2. I believe as a layman and a good bit of dabbling in RE investments that unless there is a clear record that he agreed or acquiesced to your sole occupancy of the joint premises that he is entitled to show up with a uhaul and move in with you! BUT if in fact he moved out and you were there for a year , paying the bills, making the improvements , then I think there is a decent point that he in fact agreed /acquiesced to your sole use. Let your lawyer advise.
Dad is apparently ganging up with child's mother to play both cards against you?
Use your lawyer to play stronger hands!
Don't just assume that he has ready and penalty-free access to retirement funds.He has 200k in retirement. He could do the $50k buyout if he wanted. It's way less than I probably could get. Property is worth around 300k
I know he will be penalized if he pulls out money but, he can afford it. He makes around $2600 a month, and has around $200k in retirement. His wife makes around $3000 a month now taking care of her parents with IHSS. TBH after he decided to take things to a extreme with my daughter and ex wife knowing damn well who she is I kinda couldn't care less what happens. It's sad because the property has been in our family since the 60's but I'm not going to screw my kids over and leave with notjing. My wife is Hispanic so she's very family oriented. My family is a bunch of loners. When he called crying because his wife of 20 years decided she didn't like the finical life style since he retired and moved I made the decision to try to get closer to him and help him. Christmas, birthdays all that he didn't even come into the house and see the other kids. Only my daughter. I literally only seen him about 30 times total the whole year. He stayed in that trailor and just spent money like nothing because now he had no bills. He couldn't care less about anyone but himself and just used us. I was still being nice asking for only $50k IMO.Don't just assume that he has ready and penalty-free access to retirement funds.
See, there's your problem. You believe that your view of things is what should control how he handles his money. "He can afford it" is a very presumptuous statement for you to make. It's really not your place to say what he can and cannot "afford".I know he will be penalized if he pulls out money but, he can afford it. He makes around $2600 a month, and has around $200k in retirement. His wife makes around $3000 a month now taking care of her parents with IHSS. TBH after he decided to take things to a extreme with my daughter and ex wife knowing damn well who she is I kinda couldn't care less what happens. It's sad because the property has been in our family since the 60's but I'm not going to screw my kids over and leave with notjing. My wife is Hispanic so she's very family oriented. My family is a bunch of loners. When he called crying because his wife of 20 years decided she didn't like the finical life style since he retired and moved I made the decision to try to get closer to him and help him. Christmas, birthdays all that he didn't even come into the house and see the other kids. Only my daughter. I literally only seen him about 30 times total the whole year. He stayed in that trailor and just spent money like nothing because now he had no bills. He couldn't care less about anyone but himself and just used us. I was still being nice asking for only $50k IMO.