If my current partner and myself purchase a property together, and his property settlement with his ex has not yet been resolved, can his ex in anyway have any claim on the property purchased between us?
SA Property Settlement to Affect New Property Purchase?
- Thread starter Kaitlin Jade
- Start date
Hi Kaitlin,
The new property purchased jointly between yourself and your partner should be declared to your partner's ex as part of the property settlement. This is because money transferred into this new property may be part of "shared property" between your partner and your partner's ex. Until you can be sure that the money only comes from separate property, then your partner should disclose it to be safe.
The new property purchased jointly between yourself and your partner should be declared to your partner's ex as part of the property settlement. This is because money transferred into this new property may be part of "shared property" between your partner and your partner's ex. Until you can be sure that the money only comes from separate property, then your partner should disclose it to be safe.
Thank you Sarah. I think we will just have to wait until it is all settled with the ex - even though she has dragged this on for over a year already. So frustrating when we have found three houses that would be have been perfect *sigh*
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