i am on the title of our house but not the mortgage. I am entitled to money from the sale of the house.
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
i am on the title of our house but not the mortgage. I am entitled to money from the sale of the house.
My ex husband is the only one on the mortgage. We are both on the title. He owes me money. Am I entitled to money from the sale of the house.
Asked on August 13, 2017 under Real Estate Law, Illinois
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
Yes, if you are an owner of a property (e.g. on the title) you are entitled to a share of the proceeds (after paying costs of sale, paying off any mortgages, liens, or taxes, etc. owned on the property, etc.). If your ex paid more of the mortgage than you, it is very likely that a court would give him more of the proceeds than you, to reflect his greater payments towards the property (and conversely, if you paid more than him and can prove that, then even if you were not on the mortgage, you might well get a larger share to reflect your contributions).
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.