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Relationship disolving - how to split ownership

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Cargin0200

Junior Member
What is the name of your state?What is the name of your state? Delaware

I have a friend that doesn't know what to do. She was in a relationship and they bought a house together. Both names are on the mortgage, however my friend is the one who has paid the bills for the past 3 years since they bought the house while her partner was in school. They are now splitting up and selling the house and trying to come to a 'fair' split of the proceeds. The finances have not been 50/50 in the relationship and although my friend has contributed 80% of the money to this relationship how much is the other partner entitled to? Is it 50/50 and can she be taken to court for 50%? My friend to trying to be fair and offering her 20% of the proceeds, but the partner is pushing to receive more. What are the legal obligations here?
 


HomeGuru

Senior Member
Cargin0200 said:
What is the name of your state?What is the name of your state? Delaware

I have a friend that doesn't know what to do. She was in a relationship and they bought a house together. Both names are on the mortgage, however my friend is the one who has paid the bills for the past 3 years since they bought the house while her partner was in school. They are now splitting up and selling the house and trying to come to a 'fair' split of the proceeds. The finances have not been 50/50 in the relationship and although my friend has contributed 80% of the money to this relationship how much is the other partner entitled to? Is it 50/50 and can she be taken to court for 50%? My friend to trying to be fair and offering her 20% of the proceeds, but the partner is pushing to receive more. What are the legal obligations here?
**A: you missed the most important piece of information; who is on title?
 

HomeGuru

Senior Member
Cargin0200 said:
They are both on the title

**A: legally the split would be 50/50 but due to the circumstances, it can be negotiated and rightly so. In settlement, offer more than 20% say 30%-40%.
 

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