QUESTION

Can home equity be split without divorcing or selling

Asked on Oct 09th, 2021 on Real Estate - Pennsylvania
More details to this question:
I need my share of the equity before selling.
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1 ANSWER

Appellate Practice Attorney serving New York, NY
I'm asxsuming that you are not a tenant in common, but rather own the property with your spouse as a tenant in common, which means that a bank is unlikely to give you a loan secured only by your interest in the property.  Even so, the equity can be split if, for example, the other owner buys you out, but that depends on the other owner voluntarily doing so. 
Answered on Oct 09th, 2021 at 6:49 PM

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