Legal Question in Real Estate Law in Indiana
cohabitation laws
My boyfriend and I are building a home together. He is the builder and the loan is also in his name because of credit score issues and the need for a low interest rate. How do I protect myself so if we break up I am not put out on the street with no proof we have done this together? We also have a child together. All the forms I have seen are protecting him not me.
2 Answers from Attorneys
Re: cohabitation laws
One solution would be for the property to be deeded into both of your names as "joint tenants with right of survivorship."
Re: cohabitation laws
There are a number of things that need to be done to properly protect you and your child. You need to consult wit han attorney regarding drafting an agreement as well as some other documents.