In Michigan, authorized possession of property acquired throughout a non-marital cohabitation is set by the names listed on the title or deed. Not like married {couples}, single companions don’t robotically purchase an curiosity in property held solely of their companion’s identify. As an example, if one companion purchases a home and solely their identify is on the deed, the opposite companion has no inherent authorized declare to the property, no matter monetary contributions made through the relationship. Establishing joint possession requires clear authorized documentation, corresponding to joint tenancy or tenancy in widespread.
Clearly outlined property possession is essential for single {couples} in Michigan to guard particular person monetary pursuits and forestall future disputes. Whereas a romantic partnership implies belief, the absence of authorized protections afforded to married {couples} necessitates proactive measures. Traditionally, Michigan legislation has primarily centered on the rights of married people, making it particularly essential for single {couples} to grasp and handle the potential complexities associated to shared property. This readability can stop misunderstandings and doubtlessly expensive authorized battles ought to the connection finish.
