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To protect financial assets is it possible to live with man I broke up with in the home we purchased?

Tagged as: Big Questions, Breaking up, Faded love, Troubled relationships, Trust issues<< Previous question   Next question >>
Question - (4 January 2013) 3 Answers - (Newest, 4 January 2013)
A female South Africa age 41-50, anonymous writes:

Is it possible to live with your ex even though you have broken up?

We've just bought a house together that is a joint bond. I've experience a lot from my boyfriend which I can no longer bear, but my problem is the house because I cannot let him own it alone, where as there will be deduction the full amount as it is going to be the first payment.

I need to know is it possible to sell it before the first deduction and what should I do because I'm very confused.

I've been through a lot from this man and I don't want to spend my life with him.

View related questions: broke up

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A female reader, anonymous, writes (4 January 2013):

Sage old guy hit the nail on the head.

Your options are to live with him or move out.

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A reader, anonymous, writes (4 January 2013):

This is verified as being by the original poster of the question

Thanks a lot sageoldguy1465 its very clear and I think I will go for number 1 may the good lord bless you always.

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A male reader, Sageoldguy1465 United States +, writes (4 January 2013):

Sageoldguy1465 agony auntIf you and he own the house as tenants-in-common, then you each own "half" of it....

Your choices are clear:

1. You and he can continue to live at that address, or,

2. One of you can move to another address....

In the case of 2., if you (both) choose to do that, you may/must arrange that one of you purchases the (1/2) interest of the other.... and life moves on ....

In no event should one (either) of you LEAVE this commonly-owned property with the expectation that you will reconcile the 50:50 ownership in the future.... since - by leaving - the other (person) will have a dramatic advantage that may allow him (or, her) to claim abandonment.... thereby allowing that the ownership will shift to the one who occupies the residence...

This isn't "rocket science" as far as I know....

Good luck....

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