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 Two brother share buying a house, But put officially 1 person name only

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daryl.k
post Dec 12 2009, 06:26 PM

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yes safest thing to do is to add ur name in the title...but the house is still under lan tenure i dun think it can be done but not so sure...u can check with a lawyer...

another matter u shud be worried about, IF ur bro divorce his current wife, his wife automatically owns 50% of the property..if ur name is in ther then she's only entitled to half of 50% share ur bro owned...

will is not the safest thing...there's a house same row as my dad..ori owner died..will was writen to his brothers, but wife & the kids contested...10yrs ++ stil unresolved..

But to have will is better than not having one...if u dun hv will anyone related to u can claim for shares...especially i u hv siblings from hell

 

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