How you hold the "title" determines legal ownership and what happens if one partner dies.
: 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. unmarried couples buying a house
: Explicitly state who provided the down payment and how equity will be split if the home is sold. How you hold the "title" determines legal ownership
: Only one person is the legal owner. This can be risky for the non-titled partner, who may have no legal claim to the home despite contributing to payments. 3. Strategize Your Mortgage : Explicitly state who provided the down payment
: Agree on how to split monthly costs like the mortgage, taxes, utilities, and maintenance (e.g., 50/50 or proportional to income). 2. Choose the Right Title Structure
: You can both be on the title (deed) even if only one person is on the mortgage. 4. Tax and Insurance Considerations