Couple home ownership in Taiwan

[slawa]

If you break up. How would you decide who gets to live in that place?

[canadianboy27]

That’s a good question … that I hope to never have to answer

[Marco]

@canadianboy27

That’s a gold question … that I hope to never have to answer

Need a contract.

[slawa]

I don’t think it will be easier to answer when that time comes! Get on it before you sign.
Especially if you separate and one decides to sell. One can use it to stick it to the other and block a sale.

[Taiwan_Luthiers]

Yea you should involve a real estate lawyer or something. Your realtor should be able to arrange for one. Get this stuff on paper. Don’t wish and hope that you never have to answer the question. Many marriages fail within 5 years. She is nice and sweet and all that but everything changes when you have 2 children together and the realities set in.

And as a foreigner she’s expecting you to make money… more money than she can make. Keep this in mind. So if she’s not pulling her weight as far as income goes… and you complain about it, this will effectively kill the marriage because many Taiwanese girls still have the idea that she shouldn’t have to work, but she should be able to stay home.

Seen too many foreigners put a ton of money into a house or a business only to lose it all because they didn’t get it on paper! Don’t be that guy busking for money because wife dumped you and you can’t go home.

[Marco]

@Taiwan_Luthiers

Yea you should involve a real estate lawyer or something. Your realtor should be able to arrange for one. Get this stuff on paper.

Just leaving this here for @canadianboy27. Just in case. He speaks English.

[Explant]

To be the unbias one in the conversation, he only needs to ha e his name, with hers, as equal owners. If divorce ever happens, this is the paper you need and will basically split the place 50/50 upon divorce. All the other stuff isnt so important. Just keep reciepts and all the shit you normally would for taxes insurance etc and it should be prett cut and dry in the future if a breakup happens. If really worried, as its her name payin the mortgage, You simply bank ttansfer your payments to her account and keep bank records of transfers fromyour account (in your name) to hers (in her name). Then you ha e proof of payment in case people get shitty

There are some GOOD people in taiwan too…

[MalcolmReynolds]

@canadianboy27

My Taiwanese gf and I are looking at buying an apartment together. We are not married and for now have no plan to get married . My question is can we purchase a place together and be listed as joint owners for legal protection (should we ever break up). I have an APRC if that matters. I think only her name will be on the mortgage but I would like to make sure I am considered a legal owner.
Thanks

Just say, “No”!

Otherwise you can just sign the form now.

[finley]

Everyone here seems to be assuming that the girl has some ulterior motive and is likely to pull a fast one. In reality, she is in the same precarious situation as @canadianboy27: he could decide to bugger off back to Canada (or whereever) and demand that she sells the house, or he could make life unbearable for her and get her to move out. The fact that she’s putting down a substantial deposit and is splitting the mortgage is a good sign. The fact that she even has that amount of money is a very good sign indeed - I’ve only ever met one Taiwanese girl who was that savvy with money. The OP might have actually hooked a winner here.

I suggest framing the contract in such a way that it covers all the possible ways that a sale or a buyout might be required; breaking up is only one of several possibilities.

[canadianboy27]

Thank you

[AchillesRage]

This is great–thanks! Is there Tenancy by Entirety in Taiwan?