Subscribe for Daily Updates!
I am a shareholder whom purchase shares in a cooperative building. When I purchased my shares I wasn't married. I am now facing a divorce, and my ex husband wants to stay living in my apt. Or demands have of the property worth. The shares were never transfer to the married name. Does he have any rights to receive monies if I sell?
Join the Conversation Comments (1)Introduce yourself to other members of Board Talk! Log in below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Evangelina,
I'm just a Board member, not an attorney. I don't believe that your ex has a legal right to stay in the apartment. Since the stock certificate has only your name on it, he has no legal claim.
It would be different if you were married and you died. As the spouse, he would have the right to stay. But since this is not the case, I don't think he can stay if you don't want him to.
Definitely speak to an attorney on this one. You'll need some solid legal advice. But, I think you'll like the outcome.
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.