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Your boyfriend is buying a condo and is putting both your names on the deed does that mean you legally own half?
Actually, that means that each of you will have the right to the use and possession of the whole property while you own it.
If he has both your names recited in the deed as the grantees, as joint tenants with the right of survivorship, if one of you should die the other will automatically own the property. If you take possession of the property as tenants in common, your heirs at law will inherit the half interest of either one that dies.
If you are both living when the property is sold, you would each receive one-half of the proceeds.
What else can I help you with?
Can you denied by the condo board if your boyfriend is buying the condo?
Condominium boards are not in the business -- do not have the power to exclude guests. You may want to chat again with your boyfriend. However, you have not explained what exactly was denied and why. The board may have the authority to exclude you depending on the details. Please add details on the discussion page.
How do you get a cub condo on build a bearville?
You get a Cub Condo on Build-a-Bearville by buying a pet and registering it. Then, the condo will be added to your account.
What are the release dates for Natural Born Sellers - 2012 Buying a House Versus Buying a Condo 1-3?
Natural Born Sellers - 2012 Buying a House Versus Buying a Condo 1-3 was released on: USA: 26 July 2012
Buying a condo in Italy?
A local Italian realtor can answer your questions.
Recission period for buying a condo Maryland?
A local realtor can answer your question.
What factors should I consider when buying a condo for investment purposes?
When buying a condo for investment, consider factors such as location, market trends, potential rental income, HOA fees, property management, and resale value.
Are Charlotte condos cheaper than buying a home?
"In Charlotte, buying a home right now would prove to be pretty inexpensive. A condo isn't very expensive either but if you add in all the amenities you would have at a house, the condo is not cheaper than buying the house."
Are there any condos for sale in Florida?
An overview of information regarding condo docs and HOA in Florida. Vacation Homes Florida for sale. A resale condo and fifteen days when buying a new condo in Florida.
Can a cash buyer of a condo legally place a secured first mortgage on the same condo acting as their own private party lender?
Depends on the state or commonwealth you in. Contact an attorney and review your docs
Did Queen Elizabeth buy a condo in Chicago?
This may be a very bad rumour. Queen Elizabeth owns enough property that buying 'a condo in Chicago' may not be on her list of real estate investments.
What are the steps involved in buying a condo?
Condo can be bought for residential as well as business purpose. Having your own private residential area can be very beneficial but before buying, take a close look at the surrounding area and the facilities nearby as they will influence your living as well as any other purpose for which you are buying it including, reselling and business. Call +65 6100 7722 for sales enquiry now.
How long is the typical process to finance a condo?
The typical length of process to finance a condo when buying in Florida is about one month and fifteen days but the application to obtain a condo should be made within three to five days. Actually, it really depends on the circumstances and in which state one is in.
