Property Ownership

Discussion in 'Legal Issues' started by Martinez22, 6th Aug, 2015.

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  1. Martinez22

    Martinez22 Well-Known Member

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    If you are purchasing a home/investment property as a de-facto couple, how should the titles be structured in case there is a break up in the future? What is the most secure way to walk away with your portion of the investment without things getting messy?
     
  2. Chilliblue

    Chilliblue Well-Known Member

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    Tenants in common and a legally binding agreement with pre agreed terms if something goes wrong down the track is what I would do.

    Interestingly to see what others say.
     
    Last edited: 6th Aug, 2015
  3. larrylarry

    larrylarry Well-Known Member

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    Tenants in common.
     
  4. DanW

    DanW Well-Known Member

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    If it's an investment, better to buy 2 small properties than 1 large one.

    Works better for land tax, lender servicability, long term structuring, easier management, and easier to divide if need to.
     
  5. Martinez22

    Martinez22 Well-Known Member

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  6. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    One each.