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If I'm living with someone and one is on social security and the other party is working, and we decide on going in on a deed ...

If I'm living with someone and one is on social security and the other party is working, and we decide on going in on a deed ...

Q: What happens if I buy a house with my boyfriend and we break up?

If you buy a house with your boyfriend and later break up, the division of the property depends on how the deed is titled and any agreements made. If both names are on the deed, you may need to negotiate a buyout or sell the house. Legal advice can help navigate the complexities of property division in such cases.

Q: Do I own half the house if my name is on the deeds?

If your name is on the deed, you generally have ownership rights to the property. This typically means you own a share of the house, but the exact percentage may depend on how the deed is structured and any agreements made with co-owners. It's advisable to clarify ownership stakes and responsibilities with all parties involved.

Q: How to split a house when you're not married?

To split a house when you're not married, you should first review any agreements regarding ownership and contributions. If both parties are on the deed, you may negotiate a buyout or agree to sell the property. Legal assistance can help ensure a fair division based on your contributions and intentions.

Q: How to split up when you own a house together?

When splitting up and owning a house together, it's important to determine how to handle the property. Options include selling the house and dividing the proceeds, one party buying out the other, or continuing to co-own the property. Legal advice can help navigate this process and protect your interests.

Full question:

If I'm living with someone and one is on social security and the other party is working, and we decide on going in on a deed of a home. How does one split half and half if one doesn't make as much as the other! If one party takes care of the house and all...and couldn't afford to split all the bills...but rent and gas and ect. My question is, should they not be allowed on the deed due to this. Should they just get a least because they can not afford to pay half of all the bills.

Category: Animals
Date: 04/07/2025
State: Ohio

Answer:

It is a matter of negotiation.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Am I entitled to half the equity in the house if not married?

If you are not married, your entitlement to equity depends on your contributions to the property and any agreements made with the other party. If you both contributed to the purchase or maintenance of the home, you may have a claim to a share of the equity. However, without a formal agreement, it can be complicated to determine ownership rights. Consulting with a legal professional can help clarify your situation.

What happens if someone is on the deed but not the mortgage?

If someone is on the deed but not the mortgage, they have ownership rights to the property. However, they are not responsible for the mortgage payments. This situation can lead to disputes if the mortgage holder defaults or if the property is sold. It's important to have clear agreements about responsibilities and rights to avoid conflicts.