One name on the title only buy house with spouse,the Best Solution get the pros and avoid the cons?
When you're buying a house with your boss, you should write your name, only our spouse, or your name, on the title. Actually, it depends on the situation, their cons and pros for both of them. Let's talk about both names on the title.
1st. So it's very obvious if you write both names on the title, and because you don't worry about your sports, you will sell this property alone and without your consent. When your spouse is selling this property, you must send papers. If you don't sign it, you're supposed to do something about that. So that's a good thing and a bad thing, right?
So it makes the process and the procedure complicated, especially when you have a lot of properties. But if you really worry about that, you need to think about getting two names on the title. There are two ways to write two names. The 1st one is called joint-tenant, another one called tenant in common.
For joint tenants, you cannot specify the percentage. E.g., if you want 30 %, you want your boss to get 30, 70 %. And you cannot do that for joint talents. You can only get 5050. The good thing about this Johntana is that one party passed away, another party, the survivor, will get 100% of this property. Automatically, you don't need will. You don't need a judge, you don't need a court, you don't need probation, you don't need anything.