Reply to Married couple buy a house, only one is on the title. Why?

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[quote=Anonymous][quote=Anonymous]Joint tenancy is a crime.
Consider a case where 2 buy together, unmarried. Split later. Man eventually marries and raises a family and does a lot of repairs and builds an addition. Gets sick unexpectedly with brain cancer. The widow and children have to leave as it belongs to the ex and is hers.

If only people were not stupid, but they are[/quote]

There is a lot of dumb going on in that scenario but joint tenancy is not all of it. First of all, if you buy as an unmarried couple, you can either choose to buy as joint tenants or as tenants in common. No one forces you into joint tenancy. Second, once they split, they should have had an agreement for him to buy her share of the house (in fact, that agreement should have been in writing before they bought at all.) Why did the ex leave her half of the house when she left? Was the mortgage in her name, too? Then the husband should have been forced to refinance. Why did the new wife never pay attention to any of this? Was she comfortable living in a house that wasn't hers and was half-owned by someone she never met? Why?

Dumb dumb dumb.[/quote]

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