Condo Conflict: Man Refuses to Share Property Equity with Live-in Girlfriend

Love, money, and property – a potent mix that often leads to drama. This is the story of a man who earns $320k per year, his girlfriend who makes $37k, and the $970k condo that’s causing a rift between them. They’ve been living together in a rental condo since 2019, with him covering the majority of the rent and utility costs. But when he buys a new condo in one of the city’s most desirable neighborhoods, things take a turn.

The Couple’s Current Living Situation

Work, Home Duties and the New Condo

The Dream Condo in a Prime Location

Moving Plans and the Financial Implications

The Equity Dispute Begins

The Man’s Argument ️

Future Plans and the ‘Goodwill Payment’ Clause

Equity or Not: The Condo Conflict’s Climax

So, here’s the crux of the matter: He’s bought a new condo, she’s moving in with him, but she’s not on the mortgage or the title. Despite her contributing to the monthly costs, he doesn’t believe she should have any equity in the property. Their future plans include buying a detached home together and getting married, but for now, the equity dispute looms large. He’s even arranged for a ‘goodwill payment’ in case things go south. But the question remains – is he wrong for not wanting to give her equity in the condo? Let’s delve into what the internet thinks of this situation…

NTA. Holy c**p, that’s a lot of money

NTA. That’s… not how rent works.

Splitting expenses: a fair approach to living arrangements and equity

Partner demanding equity in condo purchase? NTA, that’s not right!

NTA: Is splitting equity before marriage really necessary?

“NTA. Protect your home and your future. You have the most to lose.”

Should he give her equity? Opinions vary on this topic

NTA: Girlfriend should contribute to expenses if she wants equity.

Giving her equity in the home is like giving her a fortune

Unfair income disparity creates tension in condo cohabitation

NTA: Financial separation is a key aspect of dating vs marriage

Don’t give her equity, she’s not on the hook!

Man refuses to share equity, but should reconsider given circumstances

NAH. Girlfriend wants equity in expensive condo, but understands.

Stand your ground! No rent, no equity. #NTA

NTA: Girlfriend wants equity without contributing. Selfish or insecure?

NTA: Protecting assets in a relationship, avoiding financial liabilities.

Protect your investment! Don’t let her take advantage.

Future plans: Marriage on the horizon?

Independent living: Why she should find her own place

NAH: Girlfriend seeks reassurance in joint home, OP misunderstands power dynamics

NTA. You’re being fair and she’s getting a good deal.

NTA: If things work out, it’ll be half hers anyway

Commenter argues for fair compensation and power balance in relationship.

“YTA and NTA. In my country, de-facto relationships are legally binding. So, NTA. But charging your partner rent? That’s bizarre. “

NTA. Relationship ≠ gf owning your assets. She knows it.

Stand your ground! Her ‘rent’ is below market value. #NTA

Affordable housing options may have avoided equity conflicts.

Renting and equity? Let’s unravel this housing mystery!

NTA. Cohabitation agreement with goodwill clause? Be careful!

NTA, but she feels like she’s paying to live with you

NTA. If you were married or she had paid half, this would be a different story. As it stands, you worked 2 jobs to be able to afford this place, she could easily do the same and she’s not. If she stands her ground on this one, it’s time to leave her and enjoy your new condo.

“Why work 2 jobs? One pays 300k, the other 20k.”

Unfair rent split? She pays $240/month vs your $2400/month.

“She’s basically your maid while working full time. Huge red flag.”

Planning for the future: Girlfriend wants equity, NTA.

Lazy girlfriend refuses to work, expects me to pay bills

Not the a**hole: Man refuses to share property equity

Not the a**hole. Let’s hear the juicy details!

Smart move! Protect yourself and your property. She should contribute.

NTA: Stick to your guns, she deserves nothing.

NTA. Unmarried girlfriend wants equity without sharing mortgage responsibility.

NTA: Consider creating a savings account to address income disparity

NTA, but different values make this relationship unlikely to last

Married but still want to be his girlfriend?

Debate over equity sharing and splitting costs in relationship

NTA, but watch your language! Don’t judge her unfairly.

Engaging in a fair discussion about property equity in relationships

NTA. Don’t listen to haters! Stick to your future plans

NTA, but you should break up. You clearly look down on her.

Is love enough? The question that’s tearing them apart.

NTA. Relationship ultimatum: share or break up.

NTA. Run away as fast as you can. She’s trying an end-run around the cohabitation agreement.

NTA, protect your assets and prioritize your financial security

NTA. Equity confusion causes relationship tension.

Protect yourself: Get iron clad paperwork for property ownership!

Ouch! $1mil for 1000sqft? NTA, but my head hurts

Unmarried, no contribution, not her house. Relationship at stake

NAH, but charging rent seems unnecessary. Discuss future plans together

“NTA. Why build a life with someone with low motivation? “

INFO: Do you compensate her for housework? YTA if not.

NTA: Girlfriend’s entitlement to property equity raises red flag

NTA. Age doesn’t matter, she’s clearly immature and entitled.

Last Updated on September 12, 2023 by Diply Social Team