I BOUGHT A HOME YEARS AGO WITH A CO SIGNER ..SOON AFTER HE LEFT NEVER PAID ANYTHING ..NOW HE COMES BACK AND DEMANDS HALF OF THE HOUSE.. THIS GUY NEVER PUT ANY MONEY IS THERE ANYWAY I CAN FIGHT THIS WITH OUT GIVING HIM A DIME
HE IS IN THE DEED ..BUT I HAVE RECORDS THAT I PAID THE MORGAGE..THIS GUY IS STEALING FROM ME AND HE KNOWS IT...
As a general proposition, co-signing a note does not convey an ownership interest in real property.
If the co-signer's name is not on the deed, he will have a hard time establishing an ownership interest - especially if he has neither resided there nor contributed to the cost of upkeep.
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4 lawyers agree
Construction / Development Lawyer
If the co-signor is on title (having ownership interest), you have to go through a partition action to sever the co-signor's interest in the house. Edward C. Ip www.lawyer4property.com
No attorney / client relationship established. The answr is for discussion and general information only. The lawyer had not reviewed any documents or contract prior to the above comments.