Background: BIL and ExP (never married) have agreed a sum of money for her to buy him out of his share of the property (joint tenants). She is borrowing the money to do this.
The document (prepared by BILs solicitor) has been ratified by the county court.
They have a 17 year old daughter still residing at the property with her mother who will be in full time education til she is 18.
If ExP defaults on this agreement (she has a track record for this type of behaviour) does BIL take her back to court?
Can he put the house up for auction on the back of this court order?
Would the 17 year old daughters residence come into it?
He is assuming his costs will be awarded against the ExP as she has made every effort to run up huge bills for BIL.... (successfully!!)
fyi BIL does not want his DD out of her home, but wants a clean break rather than wait until DD is 18 (hence accepting far less than 50% value of the house). At this stage he would be prepared to force the sale when DD is 18 and delay getting a penny, especially as we can't see a judge insisting on an immediate house sale. Can he do this via mediation to save going back to court?
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Legal matters
How legally binding is a court order to buy ex partner out of jointly owned house?
2 replies
sneezecakesmum · 21/03/2012 18:03
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