Legal Question in Real Estate Law in Texas

My parents would like to loan me and my spouse a substantial down payment on a home for 8 years (in Texas). In this time, my husband & I are planning on paying the mortgage & claiming homestead exemption. At the end of 8 years, my will need their investment back -- so we will either sell the home, or my spouse and I will repay them for the money loaned. My question is regarding protecting my parents investment in the event my spouse and I divorce. Is their a way to legally stipulate (such in the form of a written agreement) that the house would remain my separate property if we were to separate?


Asked on 9/20/11, 7:54 am

1 Answer from Attorneys
Mark Dunn Mark D. Dunn

Yes. You'd do this in the form of a pre-nuptial agreement.

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Answered on 9/21/11, 11:55 am


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