I would like to know the procedure I must follow to retain the property I bought with my ex-husband, while paying him out his share.
We were divorced several years ago but continued to own it jointly while also living in it.
There was no division of the property and I have paid the bond instalments, rates, municipal accounts and maintenance expenses.
We want to go our separate ways, but my ex-husband believes he is entitled to 50% of the proceeds of a possible sale.
Rather than selling, I want to keep it and pay him out what he may be entitled to.
Thank you,
Shared Property Payout
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