40/60 Condominium 🎉 💎
By J. Hartwell
The successful 60/40 pairs create zones of absolute control. The 40% owner gets the primary bedroom. Or the parking spot. Or veto power over house guests. It is not about math. It is about dignity. 40/60 condominium
If the 60% owner paid 100% of $18,000 in mortgage payments, they have bought an additional 3.6% of the equity (assuming a $500k value). The split is now 63.6/36.4. But does the deed change? No. That requires a re-recording . Most people never do it. They just stew in resentment. Chapter Four: The Co-Ownership Agreement – Your 10-Page Bible If you own a 40/60 condo without a signed, notarized, lawyer-reviewed Co-Ownership Agreement, you are not an owner. You are a hostage. 000 in mortgage payments
