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Q. I purchased a property jointly with a friend some years ago. They moved out and I remained in the property paying the mortgage and maintaining the property. I have now fallen out with my friend who says that he wants to sell the property. Can he do so and what would his fair share be?
A. It is important to consider the basis upon which the property was purchased, but the equity in the property is likely to be shared between you although depending upon the facts of your case there may be an element of equitable accounting to determine the appropriate share.
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