If one co-tenant leaves and stop paying for property how can the other tenant get title?
Two persons bought an apartment in Miami, florida, they took a joint mortgage. One leaves and stop paying their share. The other person stas in apartment and keeps paying the mortage by herself for several years. Can she get the defulting person out of the property Tittle?04/22/2017 | Category: Real Property | State: Florida | #36115
Less 1/2 of Principal payments made on the mortgage
Less 1/2 of any taxes or maintenance paid
This would mean you paid the full payment on the mortgage but only get credit for the principal.
If you do not have the money to buy the co-tenant out you might try to refinance as part of the purchase from the co-tenant.