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Buying Real Estate With Someone Else

Posted by attorney Richard Ham

Whether for personal, business, or investment reasons, many people desire to purchase property with another person or partner. A joint purchase is particularly desirable where sharing the financial burdens associated with property ownership allows the parties to purchase a property that would otherwise have been out of their financial reach. It can also serve as a valuable estate planning tool. Before deciding to purchase property with someone else, however, it is important to understand the different types of property ownership available.

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