Q: My ex fiance and I co-own a home. If I move out am I still obligated to pay 1/2 of bills?
I own half of the house. He has made it so toxic that for my health I need to move out while he tries to get a loan to buy me out. I pay half of the loan we got for the house and I pay half the space rent. He says if I leave he will pay my half until he buys me out but I want something to protect myself in case he doesn't pay on time or goes back on his word. I would also like something to help move things along as I have already been living there and waiting for 3months for him to get this going and let me move on.
A: If you are on the loan as a co-mortgagee, then if he does not pay the full loan amount you are jointly liable to the lender for its payment. This is the case until you are taken off the loan by the lender.
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A: More information is needed, such as what you mean by him being "toxic." [Don't share more here.] If he was being abusive, you may have been able to have sought a domestic violence restraining order requesting that he be required to move-out of the home. Anyhow, speak with a a local attorney right away to protect your legal interests. [I litigate cases. Anything posted here must not be construed as legal advice, nor as grounds for forming an attorney-client relationship. You should seek an attorney for formal legal advice and representation.]
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