2 people buy a home. Both are on the mortgage but only one is on the deed. 5 years later the house is refinanced and now both are on the deed and mortgage. One year later one walks away and for the next 6 years the remaining owner makes the payments. Who gets what portion of the equity? There was no equity when one walked away. The person who walked away is demanding the house be sold and wants 50% of the equity.

  • 1
    Wait, so as of right now, both people are on the deed? Your question has two different scenarios and doesn't match the title.
    – Michael
    Dec 9, 2017 at 22:58
  • when house was refinanced he was put on deed.
    – mike
    Dec 9, 2017 at 23:01
  • 1
    So as of right now, both people are on the deed?
    – Michael
    Dec 9, 2017 at 23:02
  • yes as of now both are on the deed
    – mike
    Dec 9, 2017 at 23:17
  • As joint tenants, each owns an equal share and is entitled to 50% of the proceeds of the sale. Dec 10, 2017 at 6:14

1 Answer 1


According to Time:

If both partners sign the title as tenants in common, then each owns a specified percentage of the property. One person may own a 60% interest, while the other owns 40%, for example. This split is specified in the deed. (Emphases mine.)

There is another form of ownership call "joint tenants". This is where everything is shared equally.

First find out what kind of ownership you have, then consult an attorney if you feel that legal action might be needed to resolve your issue.

  • it was joint tenants.
    – mike
    Dec 10, 2017 at 0:29
  • Even when one partner stopped contributing to the mortgage? That seems to be the real question here.
    – Rup
    Dec 11, 2017 at 1:31
  • @Rup Yes. It’s like when you co-sign a credit card. You are essentially saying “I’ll be responsible if the other person can’t pay.”
    – Michael
    Dec 11, 2017 at 1:32

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