This week, the Property Poser experts bring clarity to the murky issue of joint ownership for a reader who owns an undivided half-share in a property. The reader writes that the building has two separate entrances and that his co-owner rents out "her" side. He would like to know whether he has any claim to the income generated in this manner. There appears to be some animosity between the parties, with the partner asserting her right to his portion and demanding first option to buy at a … [Read more...] about Joint property ownership tussle
joint ownership
When 50-50 isn’t joint ownership
This week our Property Poser experts are again faced with an emotive issue involving siblings who jointly inherited a fixed property and cannot seem to agree on the day-to-day running of it. A reader writes that she not only inherited half the property but also lived there for a number of years - first with her mother, who owned the other half, and later, after her mother's passing, with her daughter. Unbeknown to her, her mother left her own half-share to the reader's two siblings and … [Read more...] about When 50-50 isn’t joint ownership
House Divided
This week our experts deal with a sticky situation involving the joint ownership of a property - proving that a problem shared is not always a problem halved. A reader writes that his mother passed away some 30 years ago, leaving her fixed property to be shared equally between him and his brother. He says that his brother never once used the property, whereas the reader used it as a holiday home. It appears that no agreement was ever reached between the brothers concerning the payment … [Read more...] about House Divided
