Sentences with phrase «in joint names»

Whilst the relationship was not sexual or romantic, it was sufficiently close that they had bought an investment property in their joint names.

Where you can increase your borrowing capacity if you apply for a loan together, your lender may only consider half of your rental income from other properties held in joint names.

Too many spouses lose their exemption because a new home was purchased in joint names because the bank suggested it for financing or the lawyer suggested it for estate planning purposes.

It is possible to put bank accounts in joint names with a spouse, child, or any other person.

That home was then sold to purchase the current matrimonial home in joint names.

You may have a debt in joint names, or want to write to your creditors together because you have worked out a joint budget.

In 1985 they bought a house in joint names for # 30,000, with # 6,000 funded by the claimant and an interest - only mortgage supported by an endowment policy.

Also please let me know is it better to open account in my single name and include my wife as nominee or to open in joint names.

The property can be held in joint names as joint tenants or tenants in common or in one party's name only either absolutely or in trust.

But if you've taken out any credit agreement in joint names with someone else your credit file will show a link or «association'to them.

You will be required to provide the above information for both parties to complete your application in joint names.

The policy can be taken out in the joint names of the contractor and the employer.

The parties made a conscious decision to put the property in joint names, but did not take any legal advice.

Although he placed the home in joint names the court held his exclusion remained intact.

If you have a debt in joint names and your partner is unable to repay their share of the debt, the creditor can ask you to repay the outstanding amount.

Perhaps they agree that there will be no marital property unless it's put into an account or other asset that's held in joint names.

If you have a debt that is in joint names with another person, this means your creditor can chase either or both of you for the full amount.

He told his partner he would have put the house in joint names had she been over 21.

If the account is opened in joint names, then you must also provide details of the other parties.

That they acquired in joint names suggests in the ordinary domestic case that the cohabitees intended to be joint sharers and the strong presumption was that their beneficial interests were intended to be equal.

Since most jointly - owned property is supported by a mortgage also in joint name, the real estate mortgage usually has to be refinanced to remove the other spouse's name.

Spouses» who register assets in joint names such as houses, bank accounts or investments should contact us immediately....

BC's new Family Law Act and how it impacts excluded property placed in joint names or used to buy, renovate or pay down debt on jointly owned properties remains in legal turmoil.

Kindly explain and advice the details of getting loan in joint names & tax details etc;

An ISA can only be held by an individual, not in joint names.

The prenuptial agreement also stated that the Family Court would not have jurisdiction over any pre-marital property of either party or over property acquired after the marriage, unless same be titled in joint names, and that this agreement as to the absence of jurisdiction shall be unmodifiable.

When separate property is retitled in joint names, however, it is presumed to be a gift to the marriage, which converts the separate property into marital property.

They may be happy to buy in joint names and to have equal shares, but what happens if one has provided all of the deposit or will be paying a bigger share of the mortgage?

In Jones the parties bought a home in joint names in 1985 for # 30,000.

However, this does not necessarily mean that the spouse moving out of the marital home will be free from any financial obligation towards the marital home, especially if there is a mortgage in joint names and / or other expenses for the marital home.

- From Mrs W's solicitor's correspondence it appeared that Mrs W's primary intention for putting the account in joint names was for practical reasons rather than with a view to making a gift of it.

We have an RESP, issued in joint names of my spouse and me, with three children as named beneficiaries.

But loan account will remain in joint name.

Alert Don't Place Excluded Property In Joint Names If You Don't Want To Share It Say Vancouver Richmond Mandarin Chinese Speaking Family Lawyers.

WE REPEAT NEVER PUT EXCLUDED PROPERTY in the other spouse's name or even in joint names but if you do then do not do it without a signed contract saying the property is still fully excluded.

But in Dheenshaw the putting of the money into a property in joint names then selling and dividing the proceeds equally wasenough to prove and intent to share the formerly excluded property equally.

Our highly rated * Unequal Property Division Excluded Property Lawyers also warn clients not to place excluded property in joint names for fear the exclusion from sharing will be lost.

If a Virginia foreclosure sale is imminent, either spouse may file a chapter 13 bankruptcy case to preserve the equity in real estate in their joint names, or to save the former marital residence for continued occupancy by one or both of the spouses.

Those who want to open Corporation Bank fixed deposit account, they can do so in joint names.

With a property purchased in joint names, if there is no express declaration of beneficial interest, it is assumed that the parties intend that they should share the equity equally, unless and until there is evidence to the contrary.

Me and my wife are the co-applicant in a housing loan and the property is also in our joint name.

An exception exists if you muddied the waters of your separate ownership, such as if you titled a particular asset in joint names or deposited your separate money into a joint marital account.