Legal Question in Real Estate Law in Illinois

Fiance and I want to buy a house
He is putting a $50k down payment and therefore does not want me on the deed. I will be paying for half of all bills though. Can I still be on the deed but have a separate contract drawn stating he gets his $50k back if anything should happen between us and then we split the remaining equity?

Asked on 10/13/08, 1:27 pm

David Grisamore Law Offices of David T Grisamore

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Re: Fiance and I want to buy a house

Sure, why not? Just make sure you have your agreement reviewed by an attorney to make sure it does what you want it to do and you are protected.

Answered on 10/13/08, 1:35 pm

Charles Dobra Charles Wm. Dobra, Ltd.

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Re: Fiance and I want to buy a house

Yes; it would be in the nature of a pre-nuptial agreement.

Answered on 10/13/08, 3:26 pm

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