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- the property was purchased in joint names;
- the property was already owned by one party when the relationship commenced.
When a property is held in joint names the court will look to any agreement made when the property is purchased to determine the parties share.
If there is no direct contribution to the purchase price or the property was purchased before the relationship commenced the court may look for an agreement or understanding in relation to ownership of the property. A Solicitor will advise you of the suitable ways of holding the property and if necessary stating your contributions to the property.
Separation ; Co – Ownership of Property
Q.; My business partner and I are looking to buy new commercial premises.; I want to buy my share using my SIPP but my partner does not have one.; Is it possible for ato purchase a property with a non-SIPP co-owner?
