Virginia Beach, VA asked in Foreclosure and Real Estate Law for Ohio

Q: Is 2/3 owner of residence required to inform 1/3 owner of taxes/maintenance costs? If so, what's the timeline?

Majority owner left property abandoned and failed to maintain. minority owner was not made aware of property tax costs. Majority

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1 Lawyer Answer
Joseph Jaap
Joseph Jaap
  • Cincinnati, OH
  • Licensed in Ohio

A: There is no law requiring notice, but if the owners have agreed that one owner is responsible for maintenance and doesn't do it, the other owner could sue to recover. Information on taxes is available on-line, so all owners can review what is owed. But if the owners have agreed that one owner will pay the taxes and doesn't do it, the other owner could sue to recover any penalties and interest. Use the Find a Lawyer tab to retain a local attorney to review the facts and advise of options.

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