Best answer

As the propertyowner, your boyfriendshould bear all costs related to ownership, including repairs, insurance, and home improvements. You need to check out the going cost of rentin that area and paythat for the duration of your time there.

People also ask

  • What does my boyfriend have to pay if I buy a house?

  • 淎s an owner, your boyfriend should cover the costs associated with ownership ?property improvements, repairs, insurance ?like any landlord would,?says Asebedo. To determine your monthly payments, check out current rental rates for similar properties nearby.

  • Is your boyfriend your landlord?

  • However, there is a relatively simple way to break it down, in concept: Treat housing expenses as though your boyfriend is your landlord.

  • Can I pay rent to my partner if I’m not married?

  • Assuming you are not married, the rent payment would be income to your partner which they would have to claim as such on their tax filings. It would also likely complicate their tax filings somewhat.

  • What happens when one partner owns the House?

  • When one partner owns the house, the other partner has little rights to the financial interest of the property ?eg the equity in the house when it is sold. Unmarried couples, boyfriends, girlfriends, and partners do not enjoy the same strong property rights as married couples or civil partnerships.