Buying a home is a critical step for couples, even if they are not married. While it is beneficial for all couples to be cautious when making such an important legal and financial decision, it can be especially important for unmarried couples to do so. If you and your significant other want to purchase a home together, there are certain things you will benefit from knowing in order to protect your interests.
As Florida readers may know, the number of cohabiting couples has increased significantly over the last few years. Many unmarried couples want to buy a home together, but the laws that protect married couples do not protect them. If you break up or one partner dies, it can be complex. It may be prudent for you and your partner to draft a cohabitation agreement.