Originally posted by Joolee
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Property agreement with defacto who has contributed zero to purchase.
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My blog. From personal experience.
http://statehousinginnz.wordpress.com/
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Originally posted by Joolee View Postmy partner and I have now split and he gets HALF my house. MY house.
Why get in to a relationship if you don't want to share?
Originally posted by Joolee View PostThat he contributed NOTHING to.Last edited by PTWhatAGreatForum; 18-01-2017, 02:05 PM.
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Although the RPA does reduce relationships to $ and cents in some ways, I think it is better to have clear guidelines (50.50 after 3 years) than rely on some case-by-case, subjective and often disputed (read expensive) judgement.
I don't think anyone plans to fail, but after a break-up, hindsight can teach some expensive lessons.DFTBA
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Originally posted by MichaelNZ View Post(emphasis added)
Why get in to a relationship if you don't want to share?
Some people will save for years and years to get a deposit. Then when the former partner wants 'their' share, might not be able to buy them out and have to sell their hard-won asset and not be in a position to buy again.
That's not sharing. That's being taken for a ride.
Originally posted by MichaelNZ View PostWhy did you plan for the relationship to fail (implied by your statement) and now publicly express shock that it happened?My blog. From personal experience.
http://statehousinginnz.wordpress.com/
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Originally posted by sidinz View PostHow on earth did you come to that conclusion? If she'd planned for the relationship to fail, she'd have got an Agreement.Last edited by PTWhatAGreatForum; 18-01-2017, 06:43 PM.
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Originally posted by MichaelNZ View PostShe was so emphatic the house was hers, it's not a long shot to see a picture where she paid for the house while her ex-partner contributed elsewhere.My blog. From personal experience.
http://statehousinginnz.wordpress.com/
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Originally posted by sidinz View PostBut how does that add up to planning for the relationship to fail? i thought it was relatively common in couples for one to pay this bill, (e.g. groceries) and the other to pay that bill (e.g. electricity).
I think there is a reasonable chance I will be getting married this year. If one wanted to be bureaucratic, it could be reasonably suggested I am the one who is contributing the lions share of physical stuff to the relationship, which tbh is not my concern. I am just damn lucky to have scored as well as I have. She is pretty and smart. I can have my cake and eat it too!
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Originally posted by sidinz View PostAnd unfortunately, for people who have assets, it means having some very hard and seemingly mistrustful conversations with new partners at a time when great damage can be done to a budding relationship. How can that be a healthy thing?Originally posted by Lego_Squared View PostBit sad how quickly human relationships are reduced down to dollars and cents.
Nonetheless, it is sad. It seems akin to reducing marriage to a contractual arrangement, rather than a matrimonial one. As I see it, it's just another part of the no one's ever to blame syndrome that has wrought all sorts of widespread havoc on our society. No fault ACC, no fault RPA, no one fails, etc. Looked good on the surface / at the time, but the pigeons have been coming home to roost for quite a while, now.
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Originally posted by MichaelNZ View PostThat may be the case but when one party turns around and says "my house" it comes across to me as probably premeditated.My blog. From personal experience.
http://statehousinginnz.wordpress.com/
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Originally posted by sidinz View PostVery strange take. I currently own my own home. It is my house. Were a partner to move in with me, with no legal change of ownership, it would be referred to as 'our house.' Yet upon any dissolution of the relationship, it would again be 'my house' as I bought it.
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Originally posted by sidinz View PostVery strange take. I currently own my own home. It is my house. Were a partner to move in with me, with no legal change of ownership, it would be referred to as 'our house.' Yet upon any dissolution of the relationship, it would again be 'my house' as I bought it. That is entirely how I read the post. Any normal person would expect that what was theirs before the relationship to be theirs at the end of the relationship (barring special circumstances.)
Say you start with a house.
You own 30% (the bank owns 70%).
Your partnet moves in. They last 10 years and in that time you now own 60% of the house.
During that time you pooled finances, ate out and paid the bill together, had holidays paid from your joint income.
After 10 years you split.
Is and should the house still be yours given it could be argued that the partner helped pay the house down?
I suppose that the alternative is that you continue to pay the mortgage from your wage.
You and your partner split all other bills and expenses according to each others share.
The partner makes sure they don't do any upkeep to 'your' house etc.
Would make for an interesting relationship, one I have seen but somehow they just don't seem right.
Then leads to the situation where the partner, usually female, leaves the workforce to raise a family and ends the relationship with nothing.
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Originally posted by Wayne View PostI suppose that the alternative is that you continue to pay the mortgage from your wage.
You and your partner split all other bills and expenses according to each others share.
The partner makes sure they don't do any upkeep to 'your' house etc.
Very much thanks to 1st and 2nd wave feminism - suck it up ladies.Last edited by PTWhatAGreatForum; 19-01-2017, 02:44 PM.
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