Section 15 Adjustment of Interests for Expenditures and Debts

LibraryReal Estate Fundamentals 2011

In addition to determining the parties’ respective ownership interests in the property, the courts may “adjust the equities” between the parties arising after the acquisition of the property by granting one cotenant a right of contribution from the other cotenants. See Devoto v. Devoto, 39 S.W.2d 1083, 1084 (Mo. App. E.D. 1931). A right to contribution from the other cotenants will entitle an owner to a greater share of the proceeds if the property is sold. Cmty. Bank of Chillicothe, Mo. v. Campbell, 870 S.W.2d 838, 842 (Mo. App. W.D. 1993). If the property is divided, the cotenant’s right to contribution can be enforced by placing an equitable lien on the other cotenant’s property. See Hahn v. Hahn, 297 S.W.2d 559, 567 (Mo. banc 1957). Thus, a cotenant’s right to contribution will be enforced in equity through a partition suit, but this right does not alter the underlying ownership interests of the parties in the property. See Cmty. Bank of Chillicothe, 870 S.W.2d at 841–42.

A cotenant may have a right of contribution from another cotenant for expenditures made, above the cotenant’s pro rata share, for repairs, improvements, taxes, and other expenses related to the property depending on the circumstances of the particular expenditure. Hartog v. Siegler, 615 S.W.2d 632, 636 (Mo...

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