Co habitation agreement
Discussion
IANAL. Just for clarity.
Is she paying towards the mortgage?
Has/is she contributing towards the deposit on the house?
Is she paying rent?
Try:
http://www.theguardian.com/money/2013/mar/09/cohab...
http://www.advicenow.org.uk/living-together/
Even if you think you need one, you don't necessarily need a lawyer.
Is she paying towards the mortgage?
Has/is she contributing towards the deposit on the house?
Is she paying rent?
Try:
http://www.theguardian.com/money/2013/mar/09/cohab...
http://www.advicenow.org.uk/living-together/
Even if you think you need one, you don't necessarily need a lawyer.
i think you might have the wrong end of the stick on who they are for
in most cases they are not to protect the home, they are to protect an unmarried person who isn't on the deeds from being kicked out their home and having a very difficult legal battle to try and prove they have a financial interest in the property because they have contributed towards the household, perhaps for many years.
If you think you can get your partner to sign a piece of paper which say they'll pay half the bills and rent as a lodger, and never acquire an interest in the property while you're paying the mortgage off with the money, forget it.
in most cases they are not to protect the home, they are to protect an unmarried person who isn't on the deeds from being kicked out their home and having a very difficult legal battle to try and prove they have a financial interest in the property because they have contributed towards the household, perhaps for many years.
If you think you can get your partner to sign a piece of paper which say they'll pay half the bills and rent as a lodger, and never acquire an interest in the property while you're paying the mortgage off with the money, forget it.
ging84 said:
i think you might have the wrong end of the stick on who they are for
in most cases they are not to protect the home, they are to protect an unmarried person who isn't on the deeds from being kicked out their home and having a very difficult legal battle to try and prove they have a financial interest in the property because they have contributed towards the household, perhaps for many years.
If you think you can get your partner to sign a piece of paper which say they'll pay half the bills and rent as a lodger, and never acquire an interest in the property while you're paying the mortgage off with the money, forget it.
Well you either need to get an agreement drafted that delivers what you want, or if that isn't acceptable to your partner you need to accept the potential cost of her moving in.in most cases they are not to protect the home, they are to protect an unmarried person who isn't on the deeds from being kicked out their home and having a very difficult legal battle to try and prove they have a financial interest in the property because they have contributed towards the household, perhaps for many years.
If you think you can get your partner to sign a piece of paper which say they'll pay half the bills and rent as a lodger, and never acquire an interest in the property while you're paying the mortgage off with the money, forget it.
Either it is sorted and the agreement is defined or it isn't, if you are happy for her to think one thing whilst you think another then be ready for a big battle if it does all split up.
When people live together but are not married, then any agreement they make as to property rights can be enforceable, absent duress or other grounds that would invalidate an agreement. Absent agreement, if two people share legal title to a property, the default assumption is that they have equal beneficial shares, absent contrary evidence. If only one partner has legal title but the other contributes to the household, that partner may acquire a beneficial share in the property. An agreement can regulate the parties' respective interests. Things are different when people are married.
I was very glad to have made a legal agreement,essential when you share property,loans etc and are not married .
Many many years ago I bought a house with my then girlfriend,I paid about 60% of the deposit she paid the rest.
Later I took out a loan to buy a business using the house as security.She quite rightly organised a legal document "deceleration of trust" I think, so if the business went bust the money would come from my share of the house and not hers.
Years later this came to good use for ME! The relationship ended,she wanted to stay in the house so had to pay me 60% of its value at the time I left.
Many many years ago I bought a house with my then girlfriend,I paid about 60% of the deposit she paid the rest.
Later I took out a loan to buy a business using the house as security.She quite rightly organised a legal document "deceleration of trust" I think, so if the business went bust the money would come from my share of the house and not hers.
Years later this came to good use for ME! The relationship ended,she wanted to stay in the house so had to pay me 60% of its value at the time I left.
still without knowing any more about your situation and what your motivations are
i am going to say that would be absolutely perfect
it's roughly £34.80 than you need to spend but a lot less than your were considering spending, so if you or your partner really do feel you need an agreement and don't think you can make your own with all the guidance already available on the internet then it's probably the way to go.
i am going to say that would be absolutely perfect
it's roughly £34.80 than you need to spend but a lot less than your were considering spending, so if you or your partner really do feel you need an agreement and don't think you can make your own with all the guidance already available on the internet then it's probably the way to go.
There is no great magic in contracts. Think about what you both want to achieve. Set out in plain language what each party's obligations and rights are to be. Keep clauses short. Read the document through and check that it is internally consistent and covers all points that you want covered. If you need to, include a short list of defined terms. You could buy that template from the net, but it will still leave you with a lot to fill in yourself.
Edited by anonymous-user on Sunday 24th August 20:05
It can be if it is a valid declaration of trust or an agreement supported by consideration (the parties not being married or having children). Absent such a document, the beneficial interests of the parties will depend on what can be inferred from their conduct in relation to the property. A person can sometimes obtain a beneficial interest through making contributions of money and work in relation to a property. This doesn't happen when someone is just a lodger or tenant, but may happen when two parties live together in a relationship. All depends on the precise circumstances in any given case.
Gassing Station | Speed, Plod & the Law | Top of Page | What's New | My Stuff