If you or your spouse buy a property as a couple, you will have to split the proceeds on the sale, regardless if you/him has paid for everything. There is a workaround but you have to disclose it first, before signing the paperwork at closing. The declaration is easy, simply state true facts, crystal clear.
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Such as for example:
When we sell the house all proceeds will go to YOURNAME HERE. SpouseName will not receive any proceeds from the sale of the property.
I know this is harsh words, but you want to stay crystal clear before you go out to Buy A Property As A Couple.
Realtor Marketing Specialist & Navy Veteran
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