Getting sued over a canoe!

[wavecruser]

A friend of mine who lived with me at the time bought a canoe together. We were going to split the cost 50/50. It cost about $300. Well, when we arrived at the mans house to pick it up and pay... we miss understood the cost, which was really around $335. So my friend payed $150, I ended up paying the rest ($185). He has since moved out of the house. He wants to sell the canoe for $600. Id like to keep it. So he is suing me for $300, which he says is the cost of what he stand to make off of it if it was sold. What do I do? Does he have anything right here? I technically own more of the canoe than he does, right?

 

[CdwJava]

He has no right to make you sell the canoe that you both purchased. Until you both decide to sell it, it shouldn't go anywhere.

Offer to buy out his half for what he paid and see what he says.

Otherwise, answer him in small claims court. if you made a reasonable offer to buy his half of the canoe and he declined it, the court might see YOU as acting the most reasonable here.

- Carl

 

[wavecruser]

I offered to pay him $150, the price he payed for the canoe. So he would just get his money back for what his half was. He still wants $300, because he says "thats what he stands to make" if we were to sell it. I wrote him a check for $150, told him to come pick it up and let it be over. He sent his girlfriend over and she picked it up.