[WSBARP] Non-married people buying house

[Catherine Clark]

Agree with Tom.  I’m not sure that a co-tenant agreement would shield all assets as they would like.

Catherine C. Clark
Law Office of Catherine C. Clark PLLC
2200 Sixth Avenue, Suite 1250
Seattle, WA 98121
Phone:  (206) 838-2528
Direct Dial:  (206) 274-7941
Cell:  (206) 409-8938
Fax: (206) 374-3003
Email:  cat at loccc.com

NOTICE: The information contained in this electronic information transmission is confidential. If you are not the intended recipient, or the employee or agent responsible for delivering it to the intended recipient, you are hereby notified that any use, dissemination, distribution or copying of this communication is prohibited.  If you received this communication in error, please immediately notify the sender by telephone at (206) 838-2528. Thank you.

From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Tom J. Westbrook
Sent: Monday, May 09, 2016 8:16 PM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] Non-married people buying house

I'm a big fan of a cohabitation agreement regardless of the ownership structure, especially if this is a CIR.

Regards,

Tom

Sent from my Verizon Wireless 4G LTE smartphone


-------- Original message --------
From: Wickert Law <wickertlaw at comcast.net<mailto:wickertlaw at comcast.net>>
Date: 05/09/2016 5:57 PM (GMT-08:00)
To: 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com<mailto:wsbarp at lists.wsbarppt.com>>
Subject: Re: [WSBARP] Non-married people buying house
The TIC Agreement can also outline circumstances for a voluntary partition action between the co-owners.

Very truly yours,
Maureen A. Wickert, Attorney at Law

[Business card for email]
14900 Interurban Avenue South, Suite 255
        Tukwila, WA 98168
       Phone: 206-931-6307
         Fax: 206-260-9005
     www.wickertlawoffice.com<http://www.wickertlawoffice.com/>
       wickertlaw at comcast.net<mailto:wickertlaw at comcast.net>
This electronic message contains information which may be confidential and/or legally privileged. The information is intended for the use of the individual or entity named above. If you are not the intended recipient, be aware that any disclosure, copying, distribution or use of the contents of this transmission is prohibited. If you have received this electronic transmission in error, please notify me by telephone or by email immediately.

From: wsbarp-bounces at lists.wsbarppt.com<mailto:wsbarp-bounces at lists.wsbarppt.com> [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Mary L. Stone
Sent: Monday, May 09, 2016 05:25 PM
To: 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com<mailto:wsbarp at lists.wsbarppt.com>>
Subject: Re: [WSBARP] Non-married people buying house

It would seem to me that a Tenants-in-Common Agreement would work just fine.

From: wsbarp-bounces at lists.wsbarppt.com<mailto:wsbarp-bounces at lists.wsbarppt.com> [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of david at vaughanlawonline.net<mailto:david at vaughanlawonline.net>
Sent: Friday, May 06, 2016 4:48 PM
To: WSBA Real Property Listserv
Subject: Re: [WSBARP] Non-married people buying house

It seems like what might be better for asset protection of the residence would be a limited partnership.
-------- Original Message --------
Subject: [WSBARP] Non-married people buying house
From: rdafg <a.gibbs at northwestcivillawgroup.org<mailto:a.gibbs at northwestcivillawgroup.org>>
Date: Fri, May 06, 2016 2:53 pm
To: wsbarp at lists.wsbarppt.com<mailto:wsbarp at lists.wsbarppt.com>

I got a new question from a PC: he and his girlfriend are planning to buy a house together and asked me to help them create "separate" property for them since he is contributing most of the initial capital. They will be living in the house as primary residence.

They intend on keeping records of monetary contributions to the financing for the house but want to shield each other's interests from claims of potential outside creditors.

I'm hoping for a little sage advice. Would a traditional separate property agreement serve to isolate their interests?

Thanks!
-- Northwest Civil Law Group, a Washington Non-profit Legal Services Corporation. 15600 Redmond Way, Suite 101 Redmond, WA 98052 (206) 851-4403 [phone] Please Contact for FAX. Disclaimer: This e-mail is intended to constitute an electronic communication within the meaning of the Electronic Communications Act, 18 U.S.C. §2510. This communication may contain confidential, proprietary, or legally privileged information and is transmitted for the sole viewing and use of the intended recipient. Any review or distribution to other recipients is not permitted and does not waive the confidential or privileged nature of the communication. If you receive this message in error, please immediately delete it and notify the sender.
________________________________
_______________________________________________
WSBARP mailing list
WSBARP at lists.wsbarppt.com<mailto:WSBARP at lists.wsbarppt.com>
http://mailman.fsr.com/mailman/listinfo/wsbarp
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20160511/d5f25c6d/attachment.html>