4 ms·

>no idea why, are single people not allowed mortgages? The bank needs to know the status of the relationship because in the terrible event of it breaking up, y

• blitzar 5y ago
  The mortgage lists the equity, joint implies 50-50 unless you were to specify otherwise. There is zero difference if you are married, best friends, siblings, co habitating, two people who had never met before etc. In all likelyhood a divorce would change the equity, not keep it 50-50.
  • 7952 5y ago
    But if you die without a will there will be different heirs for your part of the property.
    • blitzar 5y ago
      So the bank really should be asking for a copy of the will rather than a certificate of marriage.