My boyfriend is getting a VA loan for house we are buying together. How can I be legally protected for half ownership?

If I buy a home with my boyfriend but it
will be in his name only VA loan, how
can we assure that I have a legal right
to the home? I will be paying half of
payments.

Asked on May 26, 2016 under Real Estate Law, Texas

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 4 years ago | Contributor

If it's in his name only, you will have no legal right to the home. You can enter into an agreement with him under which he will repay you the money if you cease living there and/or when the home is sold, but if he violates the agreement, all you could do is sue him personally--i.e. such an agreement does not give you any legally enforceable right to the home. Only being on the title gives you a legally enforceable right to the home. You may wish to not do this, but rather wait until the two of you can qualify for a mortgage that would allow you to be on the title.


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