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Co-owners are equally responsible for their share of the expenses and upkeep of the property. However, if one owner uses the whole property, that owner is also responsible to pay the non-occupying owners a fair amount for use of the share of the property the non-occupying owner cannot use. For example, if fair rent is $500, then a 1/2 owner would be entitled to $250 for each rental period. But that non-occupying owner must also pay his 1/2 of the expenses. Thus, if yearly mortgage and other payments were $15,000, then the non-occupying owner should have paid $7,500. So, there may be some cancellation of what you owed him and/or what he owed you depending on what a fair market rent was/is and what the expenses were. Thus, with the example of $500 rent, the $250 over the year is $2,500. But he owed you his share of expenses of $7,500, so that after accounting for rent he still would owe you $5,000
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