Hi and thanks in advance
Bought a 1 bed investment property with an ex-partner back in 2003 as tenants in common. When we bought the property we were living together in London, UK. We lived together for 1 year. We've been apart for about 10 years now. We have since splitting up let the property sharing everything 50/50. We have always got along and there has never been a problem between us. Everything is happy and amicable. I am in the process of buying her 50% of the property. Everything has been agreed and contracts signed.
My question is that do I need to arrange a 'separation agreement' just in case there any problems in the future?
Bought a 1 bed investment property with an ex-partner back in 2003 as tenants in common. When we bought the property we were living together in London, UK. We lived together for 1 year. We've been apart for about 10 years now. We have since splitting up let the property sharing everything 50/50. We have always got along and there has never been a problem between us. Everything is happy and amicable. I am in the process of buying her 50% of the property. Everything has been agreed and contracts signed.
My question is that do I need to arrange a 'separation agreement' just in case there any problems in the future?