Concierge by Compton Green
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24/10/2022
There are some serious factors to consider when buying a property with your partner. It’s easy to get caught up on plant sales and Pinterest boards, but before you go shopping for your very own love fern. Here are some things to consider:
1. Joint tenancy
Deciding how to split ownership is the foremost consideration you’ll make, and it usually takes one of two forms: joint tenancy or tenants in common.
2. Tenants in common
Tenants in common, on the other hand, is an agreement that allows two or more people to have a defined share of a property and be separately responsible for their portion.
3. Co-ownership agreement
Should you choose to sign on the dotted line as tenants in common, you’ll need to organise a co-ownership agreement.
More tips on our upcoming posts!
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Concierge Hub: 29 Ferguson Street, Williamstown
Melbourne, VIC
3016
