Legal Question in Civil Litigation in Florida

I am a co-owner of a home in Florida with an ex-domestic partner. I am wondering what would happen legally if one of us were to walk away from the property and not pay the mortgage. Right now we are splitting the Mortgage but the mortgage is more than the house is worth. I am concerned that the other party may leave and I eill have the burdon of paying the entire mortgage. Just looking for some advise as to what the legal ramifications of this situation would be. thanks!


Asked on 3/02/10, 8:37 am

2 Answers from Attorneys
Sarah Grosse Sarah Grosse, Esquire

The legal ramifications would be that you are still both obligated on the note. You would also both be obligated for any deficiency judgment. Hope that helps.

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Answered on 3/07/10, 10:25 am
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

You are both still obligated to make the payments whether one of you walks away or not.

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Answered on 3/07/10, 10:27 am


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