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so i need some advice..ive recently split from my common law boyfriend of 4 yrs...my name IS on the mortgage. i Never paid anything on the mortgage. when we moved in together we made an agreement that i was to pay groceries hydro and household supplies and he would pay everything else because our salaries were so different. (equallys out to the same amount %wise) He wants to buy my out so I am wondering if i am intitled to half of the house even tho i didnt contribute to the mortgage
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your name is on it so you are entitled to half of the house but keep in mind it is not half of what it is worth. It is what is left over after the mortgage has been paid. So if you guys owe 100,000 on the house and it is apprasied at 150,000 you are entitled to half of the 50,000. The bank gets their money first.
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