There are so many factors to consider when investing in a property or buying a home. One of the biggest decisions is to invest with someone else, whether it’s spouse, friend or stranger. How property is titled is extremely important and could save you thousands of dollars and stress.
It is important that the title deed be clear, as it will determine each person’s interest will happen if one person dies, if you're sued or if your relationship fails. That means you should give the decision some careful consideration before you close the deal with another person.
Potential issues may arise if you invest in a property with someone who is married and the title is named to individuals and not companies. When you invest with someone who is married and that person, unfortunately, goes through a divorce there is potential that you will be a part of that divorce or forced to sell the that investment.
There are times that you could be wrongfully enjoined (added) to a divorce action. Puzo Hernandez Lawyers are ready to defend you and have you dropped from the divorce matter, saving you thousands of dollars.
Contact us at 305-428-2220 or via email at firstname.lastname@example.org