Legal Question in Real Estate Law in Maryland
should a site of land be in both names for an engaged cople to go building a house together on it
Asked on 11/04/10, 4:12 am
2 Answers from Attorneys
Phillip M. Cook
Cook Legal Services, LLC
You can do it either way. It depends on the relationship between the parties. It would be best to have a Maryland real estate attorney to draw up the documents.
Best of luck.******The above is for informational purposes only and does not create an attorney-client privilege.*******
Answered on 11/09/10, 12:18 pm
Robert Sher
Wagshal and Sher
If both are contributing to its purchase, each will be protected by having his/her name on the deed. Once they are married, they should re-deed the property to themselves as tenants by the entirety, which will provide some protection against creditors. This can be done at very low cost.
Answered on 11/10/10, 8:06 am