Thursday, September 4, 2014

I want to know what my options are if my girlfriend and I own a house together but are splitting?

Question

I want to know what my options are if my girlfriend and I own a house together but are splitting?



Answer

One of you could buy the other out, or agree to own the property as tenants in common and assign each a percentage of ownership. If one of you will be staying behind, you would want to factor the rental value into the equation.



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