Legal Question in Real Estate Law in Ohio
Purchase of home with a friend
I intend to purhase a home with my girfriend and need an agreement that will:
1. Allow either of us to force the sale of the home should we have a major falling-out
2.In the event of death of either party the proceeds of deceased 1/2 interest go to their children within a reasonable time period.
Also, how should the house be titled
Asked on 5/17/05, 5:28 am
1 Answer from Attorneys
Frank Rozanc
Frank J. Rozanc, Esq.
Re: Purchase of home with a friend
You need an agreement that addresses all aspects of your present and future relations, including what a "major falling out" might be, and if a sale is needed, how the respective equity interests would be determined. I am in your area.
Answered on 5/17/05, 10:29 am