QUESTION
Do I have to split the money of a breech of contract with my xhusband on the sale of our home?
Asked on Feb 05th, 2013 on Real Estate - New York
More details to this question:
Our divorce settlements states he gets 40% I get 60% & we signed a commitment and everything was set. Loan approved appraisals done etc etc. they backed out of the deal and he wants half the money from escrow. Is he entitled to half 40% or none. We haven't sold the house yet & our divorce states 40% once house is sold.
1 ANSWER
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If you are correct and your divorce decree says once the house is sold I agree with your assessment. You do not have to give him money unless the house is sold
Answered on Feb 06th, 2013 at 6:43 PM