Me and my sister in law bought a house. We asked her help to acquire the loan. She signed the mortgage loan for a 5 year contract, and we got the house. Me and my wife paid all the expenses and down payment for the house, my sister in law never gave a single cent for acquiring the house.
The title stated she has 5% share and 95% for me. We all live in the same house and she is paying me 600 a month because she came to live with us with her two kids and with the 600 everything is inclusive down to utilities.
Something went wrong and now she wants her name out of the mortgage and she is claiming her 5% share. Me and my wife are paying the mortgage and never had any default, we pay property taxes, insurance and all the utilities, my wife maintains the house and we renovated the house significantly without any help from her.
Do I have the right to refuse her demand to remove her name since I believe I cannot stand alone yet on the mortgage?