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x boyfriend boat ownership NJ

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dxl1966

Guest
I bought a boat with my x boyfriend in 2/1999 for 36,000. We made an oral agreement that if we breakup he would take over the boat. We broke up and he says I can't prove that we made that agreement. I stopped making 1/2 the mortage and insurance payments based upon that agreement on 12/1999. My name is still on the mortage and the boat is up for sale. If it is not sold he wants to put it in the water summer 2001. How can I stop the boat from going in the water. How can I force him to refinance and what would be involved on my side to make this happen. What am I liable for the boat is worth 23500 and the balance on the mortage is 28500.

He also owes my 6000 from a 2 loans I gave him.

 


L

loku

Guest
Payments on boat

He may or may not be correct about the oral contract. The fact that he kept the boat and stated making all the payments when you broke up, could be evidence that you had a contract for him to take over the boat. In other words, you both acted as if there were such a contract.
As for the $6,000, if you have any proof that you made those payments to him, you also may be able to convince a court that they were loans.

I would suggest you have this evaluated by a contract law specialist in your area. Such a consultation may cost a hundred or two, but it is well worth it to know your rights and chances in this.
 

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