he or she can run away with your property, since the property is legally under his or her name?Say you pay money to some third party
Give him/her comm to hold pty for 3 years.
All costs incurred you pay
3 years later you flip
All profits you keep
Any legal issues here?
Yes thats true. Anyway to ensure this does not happen?he or she can run away with your property, since the property is legally under his or her name?
Sign an option with him, but then you have to pay absdYes thats true. Anyway to ensure this does not happen?
No legal issue.Say you pay money to some third party
Give him/her comm to hold pty for 3 years.
All costs incurred you pay
3 years later you flip
All profits you keep
Any legal issues here?
What if mistress sell and pocket the money?No legal issue.
Buy under mistress' name, good option.
Well, at least now you know where the issue lies isn't it...?What if mistress sell and pocket the money?
Yeah thatās common, buy in trust to avoid absd. But if your child grow up sell and pocket the money, cannot kbkb.
consult lawyer to draft such an agreementSay you pay money to some third party
Give him/her comm to hold pty for 3 years.
All costs incurred you pay
3 years later you flip
All profits you keep
Any legal issues here?
He run road with the propertySay you pay money to some third party
Give him/her comm to hold pty for 3 years.
All costs incurred you pay
3 years later you flip
All profits you keep
Any legal issues here?