Ex-Wife Sold Property Illegally
REM # A766
By Ilyce R. Glink
Summary: A ThinkGlink reader found out that his ex-wife sold the property they owned as tenants in common. Ilyce explains why this is considered fraud and gives him steps to unwind the deal.
Q: My ex-wife and I owned a property as tenants in common. I just found out
she sold the entire property, even though my name is on the deed.
She signed a deed of transfer stating that she owned the house on her own. Can I report her to the sheriff for real estate theft?
A: In most places around the country, selling something that doesn’t belong to you would be considered fraud. You may consider talking to your local sheriff, but you may also want to speak with a real estate attorney who can advise you on your legal options.
You may have to sue your former spouse and even the “new” owners
to protect your interest in the home.
It may also be possible to unwind this deal, so that you get back the property.
The buyers, if they had title insurance, would be compensated by their title
company for their loss. But your first step is to talk to a real estate attorney.
NOTE: This column is distributed by Real Estate Matters Syndicate, PO Box 366, Glencoe, Illinois, 60022. This column may not be resold, reprinted, resyndicated or redistributed without written permission from the publisher.
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