QUESTION
How much cotrol will I lose if I place my live in gorfirends name on the title to my house?
Asked on Mar 14th, 2014 on General Practice - Pennsylvania
More details to this question:
My live in grlfriend wants to pay the balance off on my mortgage. At the moment ithe pay off will ba a bout 25% of the total worth. How can I protect myself if the relatioship goes south?
1 ANSWER
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If you ever split up, she possibly could be entitled to 1/2 the value of the house. If she's paying about 25% of the worth, it's best to draft a contract covering the payment and how much she would be entitled to should you two ever separate.
Answered on Mar 14th, 2014 at 3:21 PM