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  #1  
Old 01-28-2008, 03:08 PM
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Join Date: Sep 2006
Posts: 12

Fiancee' on title of house


What is the name of your state? Florida

My fiancee' and I bought a house. We are both on the title. He is not on the mortgage. The relationship is ending. How sticky will selling the house be? And who is entitled to what? Half the house, half the profit, anything? The large down payment was mine and banking records show that. I have been paying the mortgage, he pays all bills. We have been engaged 2 years. Please give me some advice?What is the name of your state?
  #2  
Old 01-28-2008, 04:36 PM
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Join Date: Dec 2005
Location: Ohio
Posts: 31,755
Quote:
Originally Posted by advice4me View Post
What is the name of your state? Florida

My fiancee' and I bought a house. We are both on the title. He is not on the mortgage. The relationship is ending. How sticky will selling the house be? And who is entitled to what? Half the house, half the profit, anything? The large down payment was mine and banking records show that. I have been paying the mortgage, he pays all bills. We have been engaged 2 years. Please give me some advice?What is the name of your state?
If you are both on the title as joint tenants then you are each entitled to half the profit as you are each half owners. You gifted him the down payment when you allowed him to go on the title. How is he NOT on the mortgage and yet on the title? You need his permission to sell the house.
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  #3  
Old 01-28-2008, 10:07 PM
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Join Date: Oct 2005
Location: Ohio (southwest)
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advice4me, look away now.

To other member looking for advice; Do not ever buy a house with someone you are not legally married to. When married couples break up, a judge decides who gets what and how it should be divided. A couple living together breaks up and they decide for themselves who gets what and it rarely is agreed on. Look up "partition sale". Could take a long time and thousands of dollars.
  #4  
Old 01-29-2008, 09:53 AM
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Join Date: Sep 2006
Posts: 12
So I guess if I marry , I may stand a better chance of getting at least a equal amount or better, but just have to go thru the divorce exersise. What about retirement in my name only, IRA's. If married those remain mine only?
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