Unmarried Couples Buying A House -

: You can own unequal shares (e.g., 70/30). If one partner dies, their share goes to their chosen heirs rather than automatically to the surviving partner.

: Consider taking out life insurance policies naming each other as beneficiaries. This ensures the surviving partner can cover the mortgage or buy out the deceased partner's heirs if necessary. unmarried couples buying a house

: You can both be on the title (deed) even if only one person is on the mortgage. 4. Tax and Insurance Considerations : You can own unequal shares (e

Buying a home as an unmarried couple lacks the "default" legal safety net of marriage, but you can create your own protections through careful planning. This ensures the surviving partner can cover the

: Explicitly state who provided the down payment and how equity will be split if the home is sold.

: If both names are on the mortgage, both are 100% responsible for the loan. If one partner stops paying, the other is still legally obligated to cover the full amount to avoid foreclosure.