If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

shared house ownership

moos · 2009-07-10 19:17:22

I bought a house with my sister in 2006 and we made an agreement with our solicitor present that in 2 years we reassess, meaning if one would like to move on the other would be given first option to buy out or else we sell up or rent the house. I am ready to move on but she is not sticking to the agreement! Although I dont…

10-07-2009 7:17pm

#1

moos

Registered Users, Registered Users 2 Posts: 4 ✭

Join Date: July 2009

Posts: 2

I bought a house with my sister in 2006 and we made an agreement with our solicitor present that in 2 years we reassess, meaning if one would like to move on the other would be given first option to buy out or else we sell up or rent the house. I am ready to move on but she is not sticking to the agreement! Although I dont want to force her into a debt she cannot repay i still dont want to be stuck in the house till she is ready to move on. Does anyone know is there any way of giving her the house without having the huge tax implications or is it possible just to get my name taken off the mortgage and the deeds? Any advice is appreciated.

0

Comments

#2 10-07-2009 9:15pm

Jo King

Banned (with Prison Access) Posts: 2,139 ✭✭✭

Join Date: January 2007

Posts: 2123

Try this thread for ideas. Not legal advice.

http://www.boards.ie/vbulletin/showthread.php?t=2055610395

0
#3 10-07-2009 9:59pm

moos

Registered Users, Registered Users 2 Posts: 4 ✭

Join Date: July 2009

Posts: 2

Thanks for the link but i really dont want to go down the partitions act route as the other person involved is my sister. i think that would only cause a family feud!!!
since we have an agreement in place (in writing) she i presume would have to stick to it regardless of her current situation.
I want to rent out the house, renting out just my room wouldnt generate enough income to cover my share of the mortgage i would still have to pay a large sum every month, i dont mind doing this for a year or so but she is refusing to give a time line, an idea of when she will be ready to move!
i dont want to kick my sister out with nowhere to live but i also dont want to be tied to a house when i have already stuck to the 2 year plan...

0
#4 10-07-2009 10:19pm

Jo King

Banned (with Prison Access) Posts: 2,139 ✭✭✭

Join Date: January 2007

Posts: 2123

You can't have your cake and eat it!
If you are not prepared to take legal action against your sister you are stuck where you are.
Your sister can easily find somewhere to rent so she is not going to be on the side of the road.
What was the point of entering an agreement with your sister if you are not prepared to enforce it?
You are being abused by your sister and it is time for you to grow up and put a stop to it.

0
#5 10-07-2009 10:39pm

moos

Registered Users, Registered Users 2 Posts: 4 ✭

Join Date: July 2009

Posts: 2

I know i need to stand up to her!:o

0