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January 9, 2014

Purchasing a Property Together in a De Facto Relationship

A de facto relationship can be defined as a situation where two people live together as a couple without being married. Despite the not being spouses they hold the same legal rights as a marriage. If you are part of a de facto relationship there are a number of important considerations you need to make if you wish to purchase a property together: 1. Your status as tenants. You have two options regarding your status as tenants. First, you and your partner can choose to become joint tenants. This is where you share the ownership of the property. If you …

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