My question involves real estate located in the State of: NY
Selling house that is co-owned with ex-spouse. In our divorce stip it states that after all costs associated with the sale is paid I will get a credit for the principal paid off from date of execution of divorce, then the net profits will be split 50/50. What is the best way to ensure I get what I am entitled to as per the divorce papers?
I have been solely responsible for mortgage and all taxes and carrying costs since the execution of the stip.
The buyer has signed the sale contract, we are supposed to sign tomorrow, then wait for the closing. Should this be addressed before I sign, after, or when? How should it be brought up? I kindly ask for your advise on how to handle this. Thank you!