California | Real Estate Law
Legal Question
Selling joint tenancy property
Divorced 9 years. I have physical custody of property (single residence)that is deeded as joint tenancy-right to survivorship between me and my ex wife. Property was purchased while we were married. I still live in it with my kids which I also have custody of. I would like to sell this property in order to buy and move to another home. She refuses to sell. In the property settelment (court) she accepted and signed the prepared paperwork declaring that upon the sell of the property she would recive and accept 50% of the equity, but only up to a maximum of $15,000 to her. Any other equity above that amount would go to me including the 50% I already have coming. (hey she signed the thing). Of course now the equity is around $175,000 and she refuses to allow me to sell stating that she will wait untill I die (me 50 yo, her 43 yo) then take over the property and she will sell it. Anything I can do to force the sell and leave the property settlement as is. I dont want to buy here out or offer her more of the equity, even though I may consider it, but she says no to that also. For 9 years I have made all the payments, ins tax etc on the property. The house payment per month is more than she even makes per month.
Many Thanks
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