Legal Brief: What Happens to Ariana and Tom's House?
The Bravo Docket
Cesie and Angela
4.7 • 2.6K Ratings
🗓️ 24 May 2023
⏱️ 13 minutes
🧾️ Download transcript
Summary
Legal Briefs are short-form episodes of our investigation into a legal topic. This week's covers what happens with the house Tom and Ariana jointly own following the end of their relationship?
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Transcript
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| 0:00.0 | In reality television, the people are represented by two separate but equally obsessed attorneys. |
| 0:06.4 | This is their podcast. |
| 0:18.8 | Hi, I'm Sessie, and I'm Angela, and this is the Bravo Docket. |
| 0:24.8 | Hi everyone and welcome to the Bravo Docket. |
| 0:28.4 | This is an episode of our mini-ep series that we like to call our legal briefs. |
| 0:35.3 | Today we're going to talk about something that I have had questions about. |
| 0:38.5 | What happens if you don't marry someone and you buy a house with them? |
| 0:42.0 | But then you all have to break up because your stupid boyfriend went and cheated on you with your |
| 0:47.2 | best friend. What happens? |
| 0:49.6 | Honestly, if you're going to buy a house with somebody you might as well get married, |
| 0:52.7 | so at least maybe you could get some alimony or get the tax breaks for being married because |
| 1:00.2 | you're just losing out on the tax breaks, but then you own this substantial piece of property |
| 1:04.0 | together and you're not getting any of the benefits that you get from being married. |
| 1:08.9 | But I know there's a lot of reasons why people do that. I'm not saying you should, |
| 1:12.7 | but if you can try to buy a house on your own, if you're not married, just because it complicates |
| 1:17.6 | things. I will say I was in this position with Avery. We were thinking of buying a home together |
| 1:24.9 | in Houston and we're not married. We're like, what do we do? It's too soon to get married. |
| 1:30.0 | I was like, maybe I'll just buy it and then I'll charge you rent? I don't know. We didn't make it |
| 1:34.0 | that far. Yeah, I mean, the person that buys the house has the responsibility for the house on the |
| 1:38.2 | mortgage, but then they're also getting the equity in the house. They're getting the tax credits |
| 1:43.8 | for the mortgage interest. They're ideally hopefully creating value, but then they don't have the |
| 1:49.3 | freedom to just piece out and go wherever. There's benefits and costs both ways. Can people form |
... |
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