Q: My Ex owes me 25% of property value. It has been over 7 years and he has not sold it. How can I get my money?
My Ex and I split up and put 24 acres in his name. The Lawyer wrote a promissory note stating that he would pay me 25% of the proceeds when sold. At the time we already had an offer on the land. He found that the IRS put a lean on land once it went in his name and he decided not to sell it. It's been over 7 years and He won't sell it so I can get my money. Anything I can do?
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A: If there is sufficient equity, hire an attorney to file an action for a Sale For Partition.
A: Without seeing your promissory note I cannot offer specific advice but, you may be able to foreclose on the note and get your money. Take all documentation to a local real estate attorney and have them look at everything and give your more specific advice.
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