What canI do if I believe my realtor still owes me money from the sale of my home?
Full Question:
I was divorced in late 2000. In our settlement for the home, I was to get 25% of the first $80,000 of equity and 50% for remainder. It was to be based on realtors appraisals. I lost my job and was behind on mortgage and we went into the buyout and the amount given
to me was far below the amount as per the agreement. In fact, after deducting alimony I was paying before the divorce (which I was behind on), and taxes (which I was behind on), I was left with $0. I can prove that according to the agreement and appraisals I am still owed about $20,000. Is it too late to reopen this? I ask because now my ex is coming after me for more
child support even though I overpaid it for four years based on what I was earning.
04/29/2009 |
Category: Contracts ยป Breach of Co... |
State: ALL |
#16460
Answer:
It may be too late to appeal the divorce order, however, the contract statute of limitations may apply to a claim of breach of contract if it is claimed that the property settlement agreement wasn't complied with. The statute of limitations on a contract in Connecticut
is 6 years from the date of breach. When there has been a significant change of circumstances, such as loss of employment, it may be possible to have a divorce order modified, such as lowering support payments.