Posted on: 25th Jul, 2011 02:19 pm
My brother and I own a property in hawaii worth around $900,000. He has been not paying his share on property tax and home owners insurance. I have been paying all the bills for this. He said he does not have the money.
If I continue do pay for this will I become the sole owner. I do not want to sell the house but I would like be able to make all the decisions concerning the property with out his involmment. I am struggeling and he does nothing
Please Help!
If I continue do pay for this will I become the sole owner. I do not want to sell the house but I would like be able to make all the decisions concerning the property with out his involmment. I am struggeling and he does nothing
Please Help!
if you would like to be the sole owner, then you would need him off the loan if there is a mortgage. to get off a loan, you must sell or refinance to remove the other party. for title, you would need to have him sign a quitclaim deed to remove his interest in the property. now you would be the sole owner and take care of the property as you wish.