My ex plans to go to court to force me out of the matrimonial home so he can do upgrades to it to extract maximum value out of it (and to force me out) when he sells. Since he has already told me he's going to fight me in court for the post separation increase of the value of the matrimonial home I don't want him to renovate it. I would rather it sell in its current condition so he gets less money. I suspect he might try to move back in when I'm out since the house is in his name. Is there any way I can stop this?
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No there isn’t. And fighting him will make you lose more money. If you are ordered out or he buys you out then you can’t win.
The only thing you can do is fight to have it sold and if he has the legal ground to stop that from happening, you are out of luck.
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Originally posted by rockscan View PostNo there isn�t. And fighting him will make you lose more money. If you are ordered out or he buys you out then you can�t win.
The only thing you can do is fight to have it sold and if he has the legal ground to stop that from happening, you are out of luck.
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You are a squatter. You have limited rights until you are forced out.
The house will be appraised as of the valuation date and you'll receive half the equity at that time. You're owed a specific amount which has nothing to do with what the house sells for now. It's not your property and you have no say over any renovations or sale price.
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Originally posted by StillPaying View PostYou are a squatter. You have limited rights until you are forced out.
The house will be appraised as of the valuation date and you'll receive half the equity at that time. You're owed a specific amount which has nothing to do with what the house sells for now. It's not your property and you have no say over any renovations or sale price.
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Originally posted by trueblue22 View PostWhy would I be considered a squatter? I contributed about 10% of the total down payment of this home while my ex husband contributed 90%.. It's still the matrimonial home. By letting me stay here my ex by default recognized my right to the ownership of the property.
No he didn’t. He was putting his case together and probably hoped you would get your shit together. Four years later and you still think he owes you.
10% is nothing and his name is on the title. Now you are trying to fight a losing battle. He owns the home. If you can’t buy him out then you aren’t in a position to demand anything. Plus if it is ordered sold, he could have someone else he knows buy it with his money. Or he could simply have you ordered out. Which is probably what he will do.
So much for “best interest of the children”. This argument demonstrates FULLY that you are only out for yourself and screwing your ex.
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Originally posted by rockscan View PostNo he didn�t. He was putting his case together and probably hoped you would get your shit together. Four years later and you still think he owes you.
10% is nothing and his name is on the title. Now you are trying to fight a losing battle. He owns the home. If you can�t buy him out then you aren�t in a position to demand anything. Plus if it is ordered sold, he could have someone else he knows buy it with his money. Or he could simply have you ordered out. Which is probably what he will do.
So much for �best interest of the children�. This argument demonstrates FULLY that you are only out for yourself and screwing your ex.
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Originally posted by trueblue22 View PostI just want him to be fair to me. It's not fair if I need to live and rent a 1 bedroom condo while he gets to live in a 3 million dollar house. The kids will have drastic different standard of living during each of our parenting time.
Why does he have to be fair? Hes been fair the last four years and you have used him. He worked hard and built his career. You quit your job and started your own business and paid your boyfriend a salary. Your ex is not responsible for your stupid decisions.
Make him a reasonable offer and end this ridiculous battle that is all about your jealousy over what he has!
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Originally posted by rockscan View PostWhy does he have to be fair? Hes been fair the last four years and you have used him. He worked hard and built his career. You quit your job and started your own business and paid your boyfriend a salary. Your ex is not responsible for your stupid decisions.
Make him a reasonable offer and end this ridiculous battle that is all about your jealousy over what he has!
We used to have a good high end standard of living. It's only fair maintains that standard so my kids and I are not living paycheque to paycheque. I need 20 to 25k a month and I'll settle. He is offering me 5k with 50% section 7 expenses split 50/50. The kids section 7 expenses are close to 200k a year. I would be in a deficit and go bankrupt.
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Originally posted by trueblue22 View PostI am an entrepreneur at heart. Now that restrictions have been loosened my business should be making money soon. The business grants and loans helped keep me afloat and to pay myself and my bf a salary.
We used to have a good high end standard of living. It's only fair maintains that standard so my kids and I are not living paycheque to paycheque. I need 20 to 25k a month and I'll settle. He is offering me 5k with 50% section 7 expenses split 50/50. The kids section 7 expenses are close to 200k a year. I would be in a deficit and go bankrupt.
You are just demonstrating your spoiled, self entitled attitude and also how you will lose everything including what is actually “fair” in your situation.
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Your ex makes $500,000 per year and the kids have $200,000 per year in section 7 expenses that you split 50/50?! Something doesn't add up? Why don't you counter you want section 7 split according to income, also place a cap on the section 7 extracurriculars?
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Originally posted by Brampton33 View PostI am beginning to think that TrueBlue's situation is not real and its just somebody posting ridiculous posts for a ruse.
If this not a ruse, TrueBlue's lawyer clearly sees free money and is not advising his/her client.
TrueBlue: Have you filed and submitted your Financial Statement yet? If not, what are you waiting for? You are not the first person to separate where a house is involved. You cannot afford to buy out your ex, and your ex wants to renovate and sell the house. Your ex is moving forward. Wants to move forward with his life. A judge will have a field day with you and you will be liable for your ex's costs.
The matrimonial home is my home too. I have a trust claim and can prove I provided part of the down payment. My lawyer at the time advised it was fine for me to change the locks and lock him out. I didn't do anything illegal. He moved out.
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