Section 14 Respective Interests of Parties in Property

• Library: Real Estate Fundamentals 2011

To divide the property or its proceeds, the court must determine the parties’ respective interests in the property. Missouri courts have generally recognized a rebuttable presumption that tenants in common hold equal interests. See:

· Clark v. Dady, 131 S.W.3d 382, 388–89 (Mo. App. W.D. 2004)

· Estate of Wilson, 740 S.W.2d 694, 697 (Mo. App. E.D. 1987)

· Cmty. Bank of Chillicothe, Mo. v. Campbell, 870 S.W.2d 838, 841 (Mo. App. W.D. 1993)

This presumption may be rebutted upon a showing of unequal contributions toward the acquisition of the property made without donative intent, Montgomery v. Roberts, 714 S.W.2d 234, 236 (Mo. App. E.D. 1986)...