Get a prenup to be safe!!!
2007-11-16 07:00:48
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answer #1
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answered by Anonymous
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No, I work in the mortgage industry and have for 10 years. If you own a house under your name only and get married the house remains yours. What could happen is this, if you ever got a divorce he could claim that he helped you pay for the home while you were married and he is entitled to 50% of the equity that was accrued in the house while you were married. I have heard of several situations where the person who owned the home had to pay the spouse on this. If you are looking to put him on the title after you get married you can simply quick go and get a quitclaim deed to add him on title without putting him on the loan. :)
2007-11-16 07:03:06
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answer #2
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answered by Melissa G 3
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Believe it or not, the manner in which the names appear on the deed tell the tale. If it says John AND Sue own the house, then each own 50% of the house. If it says John OR Sue own the house, then both have 100% ownership of the house. Funny how one little word can change the entire thing. Thats why if you are in joint ownership, make sure the word AND appears between the names, that way both names are required if property is sold. Otherwise, either one can sell without the others name as John OR Sue may sign it off. Then, the only rememdy after that would be to sue the other individual that appears on the deed if he sold it without your knowledge or payment for the equity you have in the property. By the way, if you are talking about claiming as in taxes, that is something you both need to get together on as with this new computer age, if one claims the entire house on his taxes and then the other individual also claims it on the taxes, the second one will not fly as it has already been claimed on the first individuals taxes already. so, you need to both be on the same page as far as deducting the house. Be in agreement before either one of you claim it on eithers taxes.
2016-05-23 10:32:18
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answer #3
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answered by ? 3
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NO NO NO! It is in just your name so it does not become half his just because you are married. The only way is if you add him to the deed and if I was you i'd wait to make sure it was going to work out between you guys for a few years. No offense against your spouse but look at the divorce % these days. It is a doggie dog world out there and you have to protect yourself and what little bit you do have. I wish you guys luck!
2007-11-16 07:04:42
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answer #4
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answered by Anonymous
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I would do some searching on the internet for your state, but in my state whatever you had before the marraige is yours, assuming that you own the home 100%. If you are making payments and then divorced he would be able to claim a portion of the house during your actual marraige. Also, when you get married your bills are your own prior to marraige, but if you get divorced, it is really difficult to prove what occured during and before a divorce and quite costly.
2007-11-16 07:02:19
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answer #5
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answered by LoraC 2
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I believe that you would need to check with an attorney and depending on what your State and Local laws are regarding personal items, property and such before marriage.
2007-11-16 07:34:52
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answer #6
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answered by Anonymous
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No. But any equity built up since the marriage would be split in half in the event of a divorce.
2007-11-16 07:00:19
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answer #7
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answered by Gary B 3
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I think that what was your before the marriage is yours after the marriage ends.
It is only stuff you accumulated (bought) together while you was married is 50/50 if it ends in divorce.
hope this helps
2007-11-16 06:58:24
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answer #8
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answered by Back W 6
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Depends on the state, I think.....but if it was owned PRIOR to the marriage if you were to divorce it would most likely be kept by you, unless you put their name on it during the marriage.
2007-11-16 06:57:51
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answer #9
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answered by lady_phoenix39 6
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I don't think so, but check with a lawyer. My understanding that anything acquired after you marry is 50%.
2007-11-16 06:57:25
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answer #10
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answered by Anonymous
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I don't believe so. I believe that whatever you went into the relationship with should be deemed as yours and unattainable by him. You could put it in a pre-nup if you prefer
2007-11-16 07:02:17
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answer #11
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answered by antoinette m 2
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