me asked in Politics & GovernmentLaw & Ethics · 6 months ago

If my ex owns a business on the property we own as tenants in common w right of survivorship, does this make his business part mine ?

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  • 6 months ago

    Not at all, no.

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  • 6 months ago

    Not necessarily but an agreement identifying exactly what each person's interest is in the property and what happens if one or both parties wants out of that arrangement would be VERY important to both of you

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  • D50
    Lv 6
    6 months ago

    There's no such thing as tenants-in-common with right of survivorship. You and your ex are either tenants in common (meaning you can sell or devise your interest in the property) or joint tenants with right of survivorship, where your interest isn't divided and if one of you dies, the entire property belongs to the survivor by process of law, not by probate. But the ownership of the business is a separate matter from ownership of the property where the business is conducted. If you're not a partner, shareholder, etc in the business it's not part yours at all.

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  • 6 months ago

    No. A business has an existence separate from its location.

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  • 6 months ago

    No. Locating his business office there doesn't mean you own part of his business.

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  • 6 months ago

    Owning land does not automatically make you owner of a business on the land. You might own any buildings on the land, but that still does not make you owner of the business

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  • Anonymous
    6 months ago

    Of course landlords don't automatically own part of the businesses that operate on their property.

    Whether you are entitled to a portion of the business or not has nothing to do with it's physical location. It would have to do with a variety of other factors many of which Satan already listed.

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  • Anonymous
    6 months ago

    Look at your divorce settlement

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  • Satan
    Lv 7
    6 months ago

    No it doesnt.

    It all depends on number of factors.

    The first and foremost is, what do you mean by 'ex'? Exhusband, Exboyfriend?

    Then it depends on whether or not you can prove that you paid of helped finance this, or what input you had into this venture.

    Also, what country, and also what state youre in.

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