Legal Question in Real Estate Law in Ohio
my daughter is buying a house she quilfied for the loan her boy friends father is supplying the down payment the boy friend has hardy any creit just rescenty got a creit card the boy friends father won,ts to be on the title he say so he can transfer title to him at a later date and be added to the loan when his creit improves dauthter is 25 boy friend is 27 . tell me if i am right if this relationship would breakup my daughter could not sell the house with out the boy friends father because his name is on the title what else is wrong with this deal
1 Answer from Attorneys
You are absolutely right that if the father is on the deed your daughter cannot sell the properrty without his consent and signature.
When two unmarried persons acquire property together it is a good idea to have an agreement in place that covers responsbilities for the propertyand consider what would happen if they broke up.
Your daughter should consult with an attorney to make sure that she is properly protected.
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