My partner and I bought a house, but as he had a bad credit rating, and couldn’t get finance, I bought the house solely in my name with the finance also only in my name. He now wants some document to say that he is co-owner of the house. If I get a solicitor to prepare a statement saying that he has a joint interest in the property is this legal? What can I give him so that there is some acknowledgement that he has a half interest in the property if the house were to be sold or the loan paid out?
What exactly do you mean by “Partner”?
Married, defacto,CATA
Asset Protection Specialist
[email protected]He could argue that you purchased his share as trustee for himself. A lawyer should be able to draw up something to document this.
Terryw
Discover Home Loans
Parramatta
[email protected]
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