In exchange for taking on these risks and expenses, your friend will build equity and may one day sell the house for more than he bought it. But for now, it doesn`t concern you. “It`s not fair to expect to receive these returns if you don`t bear any of the risks,” says Asebedo. “To justify that you are asking for some of these returns, you should become a co-owner and borrower of the property, but given your relationship status, it seems that you are not ready to do so.” And then there`s the fact that we don`t want this house anyway. “If you didn`t buy it alone, it makes no sense to buy it now,” she adds. (Another option would be to become a “common tenant,” which would give you a percentage of the property, but that too seems to be more annoying than you`d like.) Since you don`t pay rent, he clearly doesn`t need you to pay for the house, and so I highly doubt that his proposed lease has a schedule that binds you to stay in the house. If landlords have a lease of one year or more, it is because they are guaranteed money and they do not have to suffer if they find a tenant in the low season. Your friend doesn`t need your money like a landlord needs his tenants` money. If you are the only one in the lease, you are the one who has the most performance. In most cases, you need to meet the owner`s income requirements yourself to achieve this.
Most homes have authorization processes where you have to earn a certain amount of money per month or have some creditworthiness. If you meet all these requirements yourself and your partner agrees, you can have the rental agreement entirely in your name. It may seem sneaky or threatening to plan for the possibility of a disaster if you move in happily with someone you love, but if it`s a trash can in the end, having the lease entirely in your name will be of great help. Concubine agreements are contracts between two people that are romantically related. While you can also get a roommate agreement if you`re a romantic couple, a concubine agreement protects couples better than a roommate agreement, as concubine agreements deal with issues that don`t have roommate agreements. You can also list how personal belongings such as dishes, furniture, and other items you have purchased as a couple are distributed. If you read it and it says “No parties with more than 10 people”, it`s normal for some landlords, but a bit of control for a friend and it`s worth discussing, but for now there`s nothing worth discussing because you have no idea what`s reasonable with their proposed lease. Oh, being single again and having a guy who asks me to sign a lease before we sign a marriage certificate.