A couple, unmarried, buys a house. They intended to purchase as "A" being the sole owner (and also the sole person on the mortgage), but the title company put it as TIC. They find out before closing, but were told it would delay the processing to change it and they could quitclaim the deed on "B"s portion after the closing. They proceed with the TIC title. No money is changing hands between A and B.
Is this a reportable gift?