Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Legal matters

Mumsnet has not checked the qualifications of anyone posting here. If you have any legal concerns we suggest you consult a solicitor.

What are your thoughts?

4 replies

JKramer · 14/08/2013 14:30

Partner and I bought a property for £Z.
I paid X% and he paid Y%.
We are both unmarried.

In our declaration of trust, it states that should we sell, net proceeds up to £Z will be split X%/Y%.
And as we are equally responsible for the upkeep and additions to the property, for each pound above £Z it will be shared equally.
Does this sound fair?

The exact % we agreed on in the declaration is not exactly the same % we each paid when we bought the house (Long story....).
It ended up with him £8,000 better off straight away.
Now, he says that since he works shift and can be at home during the week to supervise when the builders are around, he should get more than 50% of the gain even if we pay the same amount for the additions.

I work weekdays so cannot be around, but If I am at home during the weekend and the builders are around, I would never think to myself that I should get anymore than 50/50.
What are your thoughts?

OP posts:
MisguidedAngel · 14/08/2013 14:53

"I would never think to myself that I should get any more than 50/50"
That says it all. Red flag, and I think you know it.

JKramer · 14/08/2013 15:35

He sources the Bathroom etc ... and since I am an easy kind of person and he doesn?t usually like the things I choose, I just let him get on with it and agree with whatever he chooses.
To me, him asking for more than 50/50 for sourcing and supervising is like asking to be paid for his time.

OP posts:
MisguidedAngel · 14/08/2013 15:44

Well, exactly. That doesn't sound like a relationship sort of partner, more like a business partner - and I'd even be a bit worried about a business partner trying to wriggle out of an agreement. I see you've posted under Legal Matters, but this seems more like a relationship issue. I hope someone else will be along soon with more thoughts.

MisguidedAngel · 17/08/2013 17:24

Hi op. I've been away for a few days and I'm a bit concerned that no-one else has responded to you. Why don't you post under Relationships and see what people think.

I'm no lawyer, but if your agreement was drawn up properly, then he can't change the goalposts now. However, as I said before, maybe you should be thinking about your future with him. Any other red flags you're not noticing/ignoring?

New posts on this thread. Refresh page
Swipe left for the next trending thread