Question for the lawyers in here.
- Thread starter stugotsms
- Start date
The question would be the type of ownership, there are a couple of different types, can yopu sell your share to the other party? Is there a shotgun claus in the agreement? Is there an agreement?stugotsms said:
Is it your principle residence?
All questions that can affect a sale
Stu, rephrase your question. You and "the other person does do"? Doesn't make any "Farking" sense. You claim you rent the property? Asset or Liability? Is is owned clear, or under a bank loan in which they gave you $9.00 for every $1.00 on other property? I assume you are a 50% co-owner of the property and the other party doesn't want to sell. You can sell the 50% to the other owner and get out (but you already know this). As for the profit and greed in real estate, you are in a horrible market at the moment, which is why your partner is correct keeping it in a down market as an income asset. Your partner knows it won't sell for a profit because there are no buyers and won't be for a long time.stugotsms said:
Is your partner not giving you head? Is that why you want out? It's a valid question.
Your biggest mistake was going into a partnership with the property. BIG mistake. Next time, put it inside a trusted LLC. That's how you could have "gotten out".
Gyaos Baltar.
Hey, I didn't know that terb was a resource for pro bono lawyers' services. While I've got your attention, I've been committed to a psychiatric hospital against my will, and I'd just like to know ... wait, that f**king nurse-nazi is coming back with my meds ... I'll get back to you later.Cycleguy007 said:There are Lawyers here?????
The horror! LOL
3Tees said:Oh - like this guy knows what he's talking aboutHe may be a lawyer, but I play a lawyer on TERB.
I'm no lawyer, but i have stayed in a Holiday Inn Express, and I concur with my learned colleague.
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Presuming you own the house, by the statment "joint ownership" do you mean that you you own the property as 'joint tenants' or merely that you jointly own the house with someone else as 'tenants in common'?stugotsms said:
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It's been too long a day after New Year's Day. Punctuation would have helped, although I'm a fine one to talk. However, I believe you're correct.JohnFK said:
No, you can't make him sell his half...you could offer to buy his half out but he needs not to take it. You could ask him how much he give you for your half but with credit the way it is good luck.
This isn't nothing, in a business that is worth millions, partners have been known to kill the other partner when they stop getting along.
This is thinking you two own the home outright 50/50 in the usa, Canada law might be different, if a bank name is on the title you could ask the bank for an idea.
This isn't nothing, in a business that is worth millions, partners have been known to kill the other partner when they stop getting along.
This is thinking you two own the home outright 50/50 in the usa, Canada law might be different, if a bank name is on the title you could ask the bank for an idea.
