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Article #22383

Seeking Advice: Living Together

#22383
From: mds
Date: Wed, 06 May 1992 18:23
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My SO (SWF) and myself (SWM) are purchasing a home and will be
living together as an unmarried couple in California. 
We are concerned about protecting ourselves legally and financially.
1) We are purchasing the home with approx. 60/40% difference
   in funding between us. How do we protect that difference in equity? 
2) What happens to that equity and the house itself: a) upon marriage 
   b) upon termination of the relationship?
3) What happens to material purchases made towards the new home upon
   termination of the relationship, i.e. furniture, appliances, etc.?
   (I'm not concerned about what we both bring to the home that was
    previously separately owned.)
4) How do we contractualize the ongoing living expenses and purchases
   that apply to the house?
5) Can this be made simple, or do lawyers need to be used? (I would
   prefer to write our own contract, and have it signed before a
   Public Notary and witnessess.)

We're just trying to cover all the bases.......
 
If any of you have any suggestions or advice, or can relate personal
experiences dealing with this situation, it would be greatly appreciated. 
Please reply to my Email if possible.

Thanks in advance!

-Mark
   
   (_________   ____    ____      
     )   )   )  /   )  (   /        
    /   /   /  /   /    \       mds@berlioz.nsc.com  //  Santa Clara, California
___/   /   /__/___/__(___) ________________________________________________________/
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From: mds@condor
Newsgroups: ca.general
Subject: Seeking Advice: Living Together
Message-ID: <1992May6.182343.29625@berlioz.nsc.com>
Date: 6 May 92 18:23:43 GMT
Sender: news@berlioz.nsc.com (UseNet News account)
Reply-To: mds@condor.nsc.com
Distribution: ca
Organization: National Semiconductor Corporation
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