Real Estate Law

Have real estate law questions? Ask a real estate lawyer.

Ask a Lawyer,
Get an Answer ASAP!

I'm planning on selling my home, and my ex-wife is still on…

Customer Question
Hi! I'm planning on...

Hi! I'm planning on selling my home, and my ex-wife is still on the title and mortgage. After just meeting with her, she has agreed to let me keep the equity at an 80/20 split (80% me, 20% her) since she did not live in the house for very long. I wanted to get some documentation drafted that states that we both agreed to these terms, and that we can then sign in front of a notary. How would I start going about this process?

Lawyer's Assistant: What steps have you taken so far? Have you prepared or filed any paperwork?

Nothing yet, wanted to have a lawyer's help drafting the paperwork to ensure that it's air-tight.

Lawyer's Assistant: Where is the home located?

Columbia Heights, MN

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

Nothing else at this time.

Submitted: 4 months ago.Category: Real Estate Law
Show More
Show Less
Ask Your Own Real Estate Law Question
Answered in 12 hours by:
3/28/2018
Real Estate Lawyer: Phillips Esq., Attorney-at-Law replied 4 months ago
Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Real Estate Law
Satisfied Customers: 22,796
Experience: B.A.; M.B.A.; J.D.
Verified

Hello: This isCustomer Welcome to JustAnswer! I am reviewing your post, and I will post my response very shortly. Thank you for your patience.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: Phillips Esq., Attorney-at-Law replied 4 months ago

Kindly note that I just came across your post. I do not have control over the question list or the promises made to you by the site as to the response time. I am just a site user just like you. Nonetheless, I apologize for the delay in response to your post.

Kindly give me a few minutes to prepare my response.

Thank you for your patience.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: Phillips Esq., Attorney-at-Law replied 4 months ago

You can just prepare a very simple agreement with your name and her name and date of the agreement and the terms of agreement. Make three copies of the agreement. Then both of you should appear in front of a Notary Public to sign the three copies of the agreement (conformed copies). She would keep one and you would keep one and the other one should be kept by you to be given to the escrow agent so that the agent would know how to distribute the proceeds from the sale.

Best wishes,

A 5-star positive rating to my response is appreciated so that I can receive credit for responding to your post. There is no additional cost to you for giving a positive rating. However, that is how I get paid for answering questions on this site.

Thank you for your cooperation.

Ask Your Own Real Estate Law Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a real estate lawyerLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Phillips Esq. Your Own Question
Phillips Esq.
Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Real Estate Law
Satisfied Customers: 22,796
22,796 Satisfied Customers
Experience: B.A.; M.B.A.; J.D.

Phillips Esq. is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Barrister

Barrister

Lawyer

12,142 satisfied customers

17 years real estate, Realtor. Landlord 26 years

Infolawyer

Infolawyer

Lawyer

8,377 satisfied customers

Experienced lawyer

Ray

Ray

Lawyer

8,253 satisfied customers

Texas Attorney for 30 years dealing in real estate

LawTalk

LawTalk

Attorney

6,208 satisfied customers

I have 30 years legal experience. Additionally, in CA I held a Real Estate Broker's license.

Dimitry Esquire

Dimitry Esquire

Attorney

5,526 satisfied customers

JA Mentor, multiple jurisdictions, specialize in business/contract disputes, estate creation & admin

Ely

Ely

Counselor at Law

4,998 satisfied customers

Qualified attorney in private practice including business, family, criminal, and real estate issues.

P. Simmons

P. Simmons

Lawyer

3,572 satisfied customers

12+ yrs. of experience including real estate law.

< Previous | Next >

Related Real Estate Law Questions
I was hoping you may be able to help. My Ex-wife and I were
Hello,I was hoping you may be able to help. My Ex-wife and I were divorced over a year ago and the final Stipulation regarding assets, etc. was finalized on 5/31/16. In here, we were to sell the 3 pro… read more
WiseOwl58
WiseOwl58
JD Honors Graduate
4,232 satisfied customers
My daughter bought this house when she just turned 18. it
my daughter bought this house when she just turned 18. it was for me. she wants nothing to do with the house, has done no repairs nor paid any mortgage. she wants it oiut of her name … read more
Ray
Ray
Lawyer
Doctoral Degree
8,253 satisfied customers
My girlfriend and I co-own a house together but the
good morning My girlfriend and I co-own a house together but the relationship is degarding to the point where I feel the need to break up with her … read more
LegalKnowledge
LegalKnowledge
Juris Doctor
31,003 satisfied customers
I currently own a home with someone else we are now
I currently own a home with someone else we are now separated and she has left. Now I want two repair property and resale … read more
lucy7368
lucy7368
Juris Doctor
763 satisfied customers
My husband has a second mortgage in MN left over from a
My husband has a second mortgage in MN left over from a foreclosure. He was married to someone else when he bought the house but she had no claim to it as it was purchased after separation. The first … read more
Barrister
Barrister
Lawyer
Doctoral Degree
12,142 satisfied customers
My boyfriend broke up with his ex last year, they were together
My boyfriend broke up with his ex last year, they were together 10 years, no children and no marriage. He bought a house in Feb 2012 and they split at the end of 2012. Her name is ***** ***** title, b… read more
Barrister
Barrister
Lawyer
Doctoral Degree
12,142 satisfied customers
I gave my daughter an amount of money to use as down payment
I gave my daughter an amount of money to use as down payment to buy a house. She used her credit, the loan is on her name and her husband. But my name and my husband's are on the deed 80% and 20% for … read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
A client wants to sell me her vacant land property. She owes
A client wants to sell me her vacant land property. She owes back taxes that I will pay after the transaction. The property is worth less than $2000 so neither of us want to use a title company for in… read more
Barrister
Barrister
Lawyer
Doctoral Degree
12,142 satisfied customers
Hi I need assistance completing a Real Estate sale contract
Hi I need assistance completing a Real Estate sale contract for a NY single family residence I am purchasing.… read more
Andrea, Esq.
Andrea, Esq.
Attorney
Post-Doctoral Degree
10,512 satisfied customers
I have a residential property in California that I live in with my partner (girlfriend).
I have a residential property in California that I live in with my partner (girlfriend). The house was recently purchased and I had agreed to put her on the title. We closed escrow with the title in m… read more
David L
David L
Doctoral Degree
1,604 satisfied customers
Hello, Im co-owner with 4 brothers and sisters of a house.
Hello, I'm co-owner with 4 brothers and sisters of a house. I want to by my sisters share of the house. She lives over 1500 miles away from us and the house. I know this my be difficult to answer with… read more
lucy7368
lucy7368
Juris Doctor
763 satisfied customers
My ex girlfriend and I bought a Townhome, we closed on July
My ex girlfriend and I bought a Townhome, we closed on July 27th 2011. We have Florida Homested Exemption on it. After we closed we still lived with my parents, nobody claimed residency. Late October … read more
lucy7368
lucy7368
Juris Doctor
763 satisfied customers
This is a situation. My fianc has a house in Bergen County,
This is a situation. My fiancé has a house in Bergen County, NJ. The mortgage is under his name, the title is under his name and his ex-wife. He is planning to sell the house and use the difference be… read more
evanesq
evanesq
Managing Attorney
Doctoral Degree
6 satisfied customers
i am going through the process of ending an 18 year relationship,
i am going through the process of ending an 18 year relationship, although we were never married. we purchased a house, and due to my credit score, i was not on the mortgage or deed, to take advantage… read more
Real McCoy property law
Real McCoy property law
Juris Doctor
307 satisfied customers
I married a woman who has a quick claim deed to the house her
I married a woman who has a quick claim deed to the house her ex husband bought and got the mortgage on. His name is XXXXX XXXXX the mortgage. he lives in Vevezuala and has signed over all interest in… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
26,939 satisfied customers
My partner and I owned a home together - we are both on the
My partner and I owned a home together - we are both on the mortgage - it says Gayle and Selena - she left - If I sell, how is the equity distributed - and if I continue to live here and she makes no … read more
Infolawyer
Infolawyer
Lawyer
Doctoral Degree
8,377 satisfied customers
5 years ago, I purchased a home with my mother, on a ...
5 years ago, I purchased a home with my mother, on a 80/20 mortgage, 2 years ago we refinanced. My mother wants me to buy her out since I am newly married. What is she entitled to half of the house va… read more
BLR
BLR
J.D.
221 satisfied customers
OK heres the deal Bought a house unmarried with no contract ...
OK heres the deal Bought a house unmarried with no contract nice and smart. We split up never married. I paid 1350 per moth including taxes and she did the 20% which was 400 per month. I put down 6000… read more
Lawgirl
Lawgirl
Founder
Doctoral Degree
4,606 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x