Thank you for the information and your quick turn-around. As he paid half the down payment and is also paying half of all costs related to the house, what is the best way for him to protect his financial interests if I don't add him to the deed? Given his past experience I totally understand that he is a bit nervous about this situation. Thank you.
Thank you for your follow up.
I also understand your boyfriend's concern and another way for him to protect his investment, is to have a promissory note signed by you, that would allow him to collect any amount that you are in agreement that he is entitled to as it relates to the new house. The only issue would be that this note would not be secured by a collateral, but otherwise it would be legally enforceable.
It would be a good idea to have a local attorney draft such promissory not and check to make sure that it is legally sufficient and does reflect the intent that both you and your boyfriend has.
I wish you the best of luck!
Great - thank you so much!
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