Q: How to create a legally binding document that would assign ownership to a house during separation
My boyfriend and I have been together for over 6 years and now own 2 homes together. I am on the deed for both, but only the mortgage for 1. We would like to create a legally binding agreement that if either if us decide we want to separate that a quit claim would be filed for both houses to assign ownership to the 1 house to me and the other house to him. There would be no changes to the mortgage to the 1 with both of our names as we have agreed to stay financially responsible for it together until refinancing was an option in the future. Is this something that can be done? If so, what options do we have to get this started?
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A: The simple answer to your question is yes, it can be done. This falls within the family law area and any family law lawyer in your area (I'm in California so I can't do it) should be able to draft an appropriate agreement for you.
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