A Reddit user shared his dilemma after his boyfriend demanded to be added to the deed of his new home despite not contributing financially. The poster expressed his concerns about the potential legal and emotional complications of co-ownership with a partner who hasn't demonstrated a long-term commitment.
A man shared his dilemma on Reddit after his boyfriend demanded to be added to the deed of his new home, despite not contributing financially. The poster explained that he had been saving for years to purchase a house and was finally ready to start looking at properties. When his 23-year-old boyfriend learned about his plans, he expected his name to be included on the deed. However, the boyfriend hadn't contributed to the down payment or any of the funds needed for the home.
This left the poster feeling annoyed and unsure of how to proceed.The poster emphasized the importance of clarity and legal considerations when it comes to unmarried couples buying a house together. He cited the potential risks of shared ownership, particularly in the event of a breakup. He explained that being on the deed grants ownership of the property, while being on the mortgage obligates both parties to the debt. Furthermore, he warned that if the relationship ended, both individuals would remain legally responsible for the mortgage, property taxes, insurance, and other expenses, even if one person moved out. Brian, a commenter who offered legal advice, reiterated the poster's concerns. He stated that unmarried couples who co-own a house face significant legal complications in case of a separation. They may be forced to sell the property at a loss or one partner might have to buy the other out, which is often financially unfeasible.Brian further highlighted the emotional strain of co-owning a property with a partner who decides to leave. He recalled numerous cases where couples during the Great Recession and housing crisis were unable to sell their homes and were forced to continue living together despite their breakup. The burden of shared ownership and financial responsibility created a tense and difficult living situation. The poster's initial plan to purchase the house solely in his name seemed to be the most sensible solution, considering the potential risks and complications associated with co-ownership with a partner who hadn't contributed financially or demonstrated a long-term commitment to the relationship
Relationship Advice Co-Ownership Unmarried Couples Real Estate Legal Implications Breakup
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