my boyfried purchased a home in Florida cash and put me on the deed. we did not get married and after almost 3 years now selling the home so he can live with his new girlfriend, how are proceeds divided between us in florida
Dear Anonymous:
If the deed list you both, and does not set forth a percentage interest that you own (i.e.: 60/40) then he cannot sell the house without you signing off on the deed to a new owner, and you own the percentage indicated on the deed , or absent a percentage listed, you own 50%.
That said, because your boyfriend contributed all of the funds to purchase the home, he can try to assert an equitable lien on the property so that he would get more of the closing proceeds. This becomes a little more complicated and transcends this forum. However, he cannot sell this home out fron you. I would try and work out an agreement where you are paid 50% at the closing. If he doesn't agree you might want to consult an attorney.
Best of luck,
Cindy S. Vova
Law Offices of Cindy S. Vova, P.A.
Broward/Miami-Dade/Boca Raton
954-316-3496/561-962-2785
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