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Common Law - Tennants in Common (Equity Split)

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  • Common Law - Tennants in Common (Equity Split)

    Hi there,

    I'm curious to know...I recently hauled out my title to the home I share with my common law spouse and it says that we are "tennants in common" with her having 99% interest in the deed. To give some background, we purchased the home together with help from her Mom who originally held the 1% I now have but transferred it to me when my bankruptcy was discharged (hence the need for her on the deed and mortgage). Now that I'm looking at it, what would happen if we were to split up? Would she be legally entitled to 99% of the equity?

    If so, what can I do to protect myself considering I paid the majority of the mortgage payments for the 2 years we've owned the home.

    Thanks!
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