If we sell it and move into a new one, with BOTH of our names on the title does that mean the house is BOTH ours if we should break up down the road? He is saying the house would only be his even if both out names were on the title. I am stay home mom and I dont want to give up my time for nothing if we should break up, not that im planning it, but Im looking out for my best interest as well.
We live in Canada.
2007-02-27 07:55:59 · 10 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Sounds like you need to contact an attorney to find out your rights. If he doesn't want to share a house with you if your name is on the title, are you sure he's the one you need to be spending time with?
2007-02-27 07:59:18 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You are a mother first and foremost and i think you're interest lies in the correct place. Although i can somewhat understand his concern because it is never fun to lose invested time or money. I think before making a decision you should explain the possibility of not only you losing but also your child if after purchasing a home together things were to take an adverse turn. If the two of you truly love each other and togetherness is a common goal then acknowledge and discuss each others concerns and make a mutual decision. Unfortunately I don't have any kids but 2 years ago at 25 I built my first house...3000 sq ft and initially it was a scary responsibility but i, alone, am making it happen and you don't need a 2nd party to have the same. However, i will say that I would responsibly choose love over "things" any day. You guys can't enter a union as individuals. Best Wishes!
2007-02-27 16:10:59 · answer #2 · answered by Undisputed Diva 1 · 0⤊ 0⤋
Just living together may be a problem in the making. Do you forsee future wedding plans? You're a stay at home mom, meaning you're not contributing financially to the household. That could be another problem later on. He may feel the house would be his regardless if your name is on it our not if he's the sole money maker. Shacking up is not good, take it from me. But, if you move into a new house with your boyfriend, make sure your name is on the deed.
2007-02-27 16:30:19 · answer #3 · answered by DBLO7 1 · 0⤊ 0⤋
When property is in both names it means BOTH-not one but two. Also you may want to look in to the common laws for those who live together. There are stipulations for people in you situation and not yet married. Any information you acquire you need to KEEP to yourself in your own best interest. Just looking out for you. I think the laws in Quebec are different than in any other part of Canada.
2007-02-27 16:34:00 · answer #4 · answered by sylviavnpttn 5 · 0⤊ 0⤋
We call that community property in the USA! Even if you don't have a job! I am in California and the house is in both of our names he did not get it when he left I did that is me and our kids! He was the payer and main support of the family. Canada may be different I would check it out with a lawyer and see where you stand it couldn't hurt!
2007-02-27 16:04:01 · answer #5 · answered by Anonymous · 1⤊ 0⤋
First, ignore the current house. It's not relevant.
When you buy the new house, if you hold it jointly, then it belongs to both of you. If he holds title in his name alone, then it belongs 100% to him. Therefore, if you want an interest in the house, you need to ensure that it's held jointly (there are sub-variants that have to do with what happens when one you dies).
If titled in both your names, then it would belong to both of you. I don't know on what planet he's on when he says otherwise.
While the above is based mainly on US law, it also (as far as I know) applies to Canada. What I don't know is what "who pays the mortgage and taxes" does to your situation. It's possible that he could sue you for back payments? I don't know this aspect of Canadian law to say.
2007-02-27 16:07:27 · answer #6 · answered by Jay 7 · 0⤊ 1⤋
You are entitled to it as well if you are both on the title. It doesn't matter about who lived where first.
2007-02-27 16:04:20 · answer #7 · answered by Ivhie 3 · 0⤊ 0⤋
MAKE SURE BOTH NAMES IS ON THE TITLE AND DEED THAT IS RECORDED AT THE COURT HOUSE..
NOT JUST WITH ANY LOAN COMPANY OR BANK..THE RECORDED DEED AT COURT HOUSE...THAT ONE COUNTS...
MAKE SURE YOUR NAME IS ALSO ON THE UTILITIES....
ELEC/LIGHTS--WATER--TELEPHONE- ECT..
THINGS HAPPEN.....
YOU WOULD BE IN A BIND IF YOU GOT KICKED OUT AND AND NO UTILITIES ESTABLISHED....
MAKE SURE YOU DO LOOK OUT FOR YOUR INTERESTS...
AND THAT MEANS HAVING A SEPARATE CHECKING ACCOUNT ESTABLISHED AND SUCH... EVERYONE NEEDS A CREDIT BASE..HAVING A CREDIT CARD IN YOUR NAME ALSO WOULD HELP.
PEOPLE BREAK UP AND PEOPLE ALSO DIE.....
2007-02-27 16:18:12 · answer #8 · answered by cork 7 · 0⤊ 0⤋
If you are on the title, the property is as much yours as his.
2007-02-27 15:58:53 · answer #9 · answered by wizjp 7 · 0⤊ 0⤋
Girl, get married before you buy a house together, then you are protected.
2007-02-27 16:05:02 · answer #10 · answered by Lydia 7 · 1⤊ 1⤋