MARRIAGE AND REAL ESTATE

Did you know that it matters whether or not a person is married when they are buying or selling a house? In Missouri, married people have marital rights to any property owned by their spouses.

What does this mean for you as a buyer or seller or for your clients if you鈥檙e an agent?

A married buyer can purchase property without their spouse.
A married seller cannot sell property without their spouse because:

Both spouses have a share of ownership in the property, so
Both spouses must sign the warranty deed regardless of who took title.
For example, Sam and Alex are married. Sam bought the property alone and Alex鈥檚 name is not on the warranty deed. However, because they are married, Alex still has an interest in the property and both Sam and Alex will have to sign the warranty deed to sell.