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real estate - not on title
Qualifide responses only PLEASE!
I have been living with my boyfriend for 6 yrs. We have a home which he bought in his name only while we were together. I am in the RE industry and helped him get 100% financing, so he had no orginal outlay. Since inception in 3/2000 we have shared ALL expenses 50/50. (MTG, Taxes, INS, Improvements, etc.) Because we do not plan to get married I want to CYA. But I do not want to put my name on title b/c I am looking to buy another inv. property and want to claim homestead exemption and get Owner Occ financing. What should I do to CYA? IE. Have him sign warranty deed giving me title rights but not record it?
Serious responses only! PLEASE!!
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Want to answer more questions in the Work & School category?
Maybe give some free advice about: Personal Finance?
Well, to be honest, you seem to know more about this subject than anyone else would on this site, so I sugest you try googling this, ask a colegue [assuming RE = Real Estate] or speak to someone who is more famillier with the law regarding houseing, like a lawyer.
Sorry, But I don't think anyone on this site is going to be able to help you anymore that this.
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This may not be what you want to hear,but from reading what you wrote,you seem to really know the RE industry. I am looking to get involved in it and would appreciate any advice or help you could offer me. You can reach me by leaving a note in my inbox!! Thanks!
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