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Updated about 5 years ago on . Most recent reply

Mike Da Silva's profile image
Mike Da Silva's profile image
Mike Da Silva
  • Investor
  • from Toronto, Ontario
  • Member since Jan 30, 2016
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Mike Da Silva's profile image
Mike Da Silva's profile image
Mike Da Silva
  • Investor
  • from Toronto, Ontario
  • Member since Jan 30, 2016
Connect
Mike Da Silva
  • Investor
  • Toronto, Ontario
1
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3
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Ontario Real Estate Forum

co-ownership agreements without being on title or mortgage

Mike Da Silva
  • Investor
  • Toronto, Ontario
Posted

Has anyone entered into a deal with (trusted) partners whereby you will not be on title (nor mortgage) but instead use a co-ownership agreement to indicate ownership along with rules and responsibilities of each party? The idea would be to reduce your registered debt obligation when trying to finance another mortgage on your own later.

Any concerns with doing so?

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