Trenton, NJ asked in Consumer Law for New Jersey

Q: I'm in co-ownership in New Jersey,and my co-owner wants to do 25000.00. In repairs,Am I obligated to pay half?

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1 Lawyer Answer
Michael Millar
Michael Millar
  • Consumer Law Lawyer
  • Toms River, NJ
  • Licensed in New Jersey

A: I am assuming that you are speaking of real estate. If you are tenants in common, then you are both responsible for required repairs and upkeep. However, you are not required to contribute to improvements above and beyond basic repairs.

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