- Jurisdiction
- Nevada
I had a partner for 16 years. We purchased a home in Michigan and two homes in Nevada.
The first home in Nevada was purchased solely in my name because we were in the process
of getting divorced. We separated for two weeks and decided to reconcile.
We continued the process for divorce and finalized it. We moved in together and opened
a joint bank account and paid all the bills and mortgage together just as we had done for the
entire 16 years together. In December of 2018 we sold the home and made a profit of
$70,000 and deposited it into the joint bank account.
The home sold in one month we immediately started looking for a new home.
We found a home and started the process to purchase this home and decided to get the loan
solely in her name, because my credit rating had drop too low to get the best interest rate.
We were able to get the loan with the stipulation that I sign a gift letter giving her the $30,000
down payment. I was happy to purchase the new home and never once did I think she would
try to sell the home and keep all the proceeds.
December of 2019 she decided to split up and wanted me to leave the home we had purchased
together. I refused but decided to leave because of the hostel environment.
She sold the home 5 months later and refuse to give me any profits or moneys from the home.
My question is will the gift letter hold up in court when I only signed it so we could buy the home?
Not being married have any barring with the case?
Half the proceeds from the home is $25,000 is it worth spending 5 to 15 thousand in court to possibly
not get anything?
My understanding Nevada doesn't have common law marriage.
Thank you Nelson M
The first home in Nevada was purchased solely in my name because we were in the process
of getting divorced. We separated for two weeks and decided to reconcile.
We continued the process for divorce and finalized it. We moved in together and opened
a joint bank account and paid all the bills and mortgage together just as we had done for the
entire 16 years together. In December of 2018 we sold the home and made a profit of
$70,000 and deposited it into the joint bank account.
The home sold in one month we immediately started looking for a new home.
We found a home and started the process to purchase this home and decided to get the loan
solely in her name, because my credit rating had drop too low to get the best interest rate.
We were able to get the loan with the stipulation that I sign a gift letter giving her the $30,000
down payment. I was happy to purchase the new home and never once did I think she would
try to sell the home and keep all the proceeds.
December of 2019 she decided to split up and wanted me to leave the home we had purchased
together. I refused but decided to leave because of the hostel environment.
She sold the home 5 months later and refuse to give me any profits or moneys from the home.
My question is will the gift letter hold up in court when I only signed it so we could buy the home?
Not being married have any barring with the case?
Half the proceeds from the home is $25,000 is it worth spending 5 to 15 thousand in court to possibly
not get anything?
My understanding Nevada doesn't have common law marriage.
Thank you Nelson M
