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Multiple Owners For House ? Is It Possible ?

manutoo
in Real Estate, Housing, House and Land Ownership

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Hello,

my wife & her father got a loan together to buy a house for the whole family.

Both of their names are on the loan paper of the bank.

Now, the loan is over and the bank is going to transfer the land & house title to them.

My wife paid 50% more money than her father, but she's not sure her name will actually be on the title, and even so, she thinks it won't tell she owns 60% of the house : they'd just be listed as co-owners without any precision.

We'll go to Land Office in a few days, so I wonder what to expect.

Anyone knows what should happen in such case ?

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