Posted by dealmaker on May 10, 2006 at 06:13:01:
David it is definitely lawyer time! For anyone else who reads this and is thinking of buying ppty with anyone OTHER THAN A SPOUSE, this is why you don’t!
To answer your question, yes SHE can deed her share to YOU, but she would be a complete idiot to do so, if she’s on the mortgage. I just wonder why YOU have doubts about HER claim to any equity. Why do you think YOU have any claim to it?
You made no mention of who footed any of the acquisition bills.