Asked by the Customer on 30-09-2014 10:12:30
Question posted in the Property Law category relating to Gauteng
Question posted in the Property Law category relating to Gauteng
Good Morning
Ex partner and myself (never married) have a joint bond account on a property in Brakpan Gauteng.
She paid 50% of the deposit.
I paid 50% deposit.
The bond has been deducted from my account since the property was purchased June 2011
Further loans had been made on my name to do renovations on the property, to which im am still paying.
The relationship ended 18 October 2013.
She moved to Amanzamtoti Kwazulu Natal 18 January 2014.
Im am still residing in the house and paying the bond with no help from her.
There have been negotiations, stating that I can refinace the house on my name.
1. The terms were that all the proceeds retained from the new bond will go into the house for renovations as to increase the value of the property.
2. She agreed to take payment once I sell the house after renovations have been concluded.
3. She has signed offer to purchase.
The new bond registration is already in motion.
The ex partner is now redemanding new terms to what was originally agreed to, and is with holding information from the bond attorneys untill her terms are met.
Please advise on what steps can be taken, or do i just give in to her new demands?
Ex partner and myself (never married) have a joint bond account on a property in Brakpan Gauteng.
She paid 50% of the deposit.
I paid 50% deposit.
The bond has been deducted from my account since the property was purchased June 2011
Further loans had been made on my name to do renovations on the property, to which im am still paying.
The relationship ended 18 October 2013.
She moved to Amanzamtoti Kwazulu Natal 18 January 2014.
Im am still residing in the house and paying the bond with no help from her.
There have been negotiations, stating that I can refinace the house on my name.
1. The terms were that all the proceeds retained from the new bond will go into the house for renovations as to increase the value of the property.
2. She agreed to take payment once I sell the house after renovations have been concluded.
3. She has signed offer to purchase.
The new bond registration is already in motion.
The ex partner is now redemanding new terms to what was originally agreed to, and is with holding information from the bond attorneys untill her terms are met.
Please advise on what steps can be taken, or do i just give in to her new demands?
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