Do I have to put my spouse's name on the deed?

Question

I am married and looking to buy a house, I will be getting the loan in my name only. Does my spouse's name have to be on the deed to the new house?

Answer 1

Not in most states. She may have a marital interest in the property anyway depending on where you live; but in most states any married person can own a property as a sole interest

Answer 2

No. However, if you live in a community property state, then your spouse automatically has %50 interest in the property.

Equitable distributation states are different in that they will look at several factors.

1. the most important is TIME... if you divorce 20 years from now, then most likely your spouse will have a vested interest in the property. If you divorce next year you have a good chance at retaining most if not all of the property.

2. How much does your spouse contribute to the mortage. Contributions do not have to be monatary.... If your spouse provides child care, so that you can work, then your spouse contributes.

3. You can have a property settlement drafted (like you would during divorce proceedings) stating that you are to get the home, your spouse is to get the car etc....

4. Lastly as always consult a licensed attorney.

Answer 3

Whether you put your spouses name on the deed or not, it legally is half her house unless you live in Texas, or a few other states. I don't know what state your in, but most states have what they call "community property" which means everything is divided in half upon a divorce. Even if you are in one of those "other states" that do not have community property the spouse may still have a percentage of the family domicile. The judge takes into consideration a host of things, too much to mention here. You should ask yourself why you do not want to include your spouse on the deed . I think it's only fair to put the woman you love and marry on the deed . Good Luck in your decision.

Answer 4

There are no tax liabilities in touch, yet there may well be different reasons to no longer try this. seek for suggestion from with your own criminal expert FIRST till now intending. there is an countless exclusion for presents between spouses, so no present tax may well be due, nor might you should record a contemporary tax return. in spite of the undeniable fact that, in a community sources state collectively with California, the only separate sources which you would be able to own is that which grow to be gained as a contemporary or by bequest. could your marriage ever be dissolved, you get to maintain separate sources yet joint sources must be divided.

Answer 5

Nope. It can be just in yours, or you can add her later using a quit claim deed.

In a divorce, most states consider it half hers regardless of if shes on the deed.

Answer 6

I think you better leave it off, because you might get a little ticked off at him/her in the next couple of weeks, and get a divorce.

Answer 7

In Michigan, yep