Legal Question in Real Estate Law in New York
Down payment indifference
My fiance and myself are planning on purchasing a home prior to marriage. Our parents will be giving us 100,000 each in the form of a loan but I also have 100,000 I would like to use toward the down payment. How do I protect my down payment in case we ever seperate?
2 Answers from Attorneys
Re: Down payment indifference
Yes Mr. Markowitz is correct regarding a premarital agreement. We have substantial experience handling these types of cases, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.
Gordon
Law Offices of
STEVEN J. CZIK, P.C.
101 Avenue of the Americas, 15th Floor
New York, New York 10013
212.413.4462
The information provided by The Law Offices of Steven J. Czik, P.C. (LOSJC) is for general educational purposes only. There is no attorney-client relationship established by this communication and no privilege attaches to such communication. LOSJC is not taking and will not take any action on your behalf and will not be considered your attorney until both you and LOSJC have signed a written retainer agreement. There are strict deadlines, called statutes of limitation, within which claims or lawsuits must be filed. Therefore, if you desire the services of an attorney and decide not to retain LOSJC on terms acceptable to LOSJC, you are advised to immediately seek the services of another attorney.
Re: Down payment indifference
You need a premarital agreement. If you want, you can contact my office and I will explain the steps necessary to prepare and sign the agreement.
Mike.
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