We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Deeds of Trust
Options

Kefte
Posts: 247 Forumite
Me and my partner are in disgreement. We have two properties that we have letI own 50% of both properties outright, but when my prtner got a business loan for the other 50% I didn't want anything to do with it at the time. One property has recently become empty. My partners parents business are not doing very well and need cash quick... otherwise they will have nothing.
So he decided we should sell one of the properties. But, as nothing has happened regarding that he has contacted one of those buy them quick companies... He hasn't even shopped around on these companies. Just goneto the first one, pushed on by his parents who are really putting the pressure on. We owe them some money, so....
I want to stop it. I have made it very clear. Do I have any rights?
As it has been put into Deeds of Trust the property, we partner as the trustee. This was because I didn't want to become part of the bank loan and to protect the banks interests....
So he decided we should sell one of the properties. But, as nothing has happened regarding that he has contacted one of those buy them quick companies... He hasn't even shopped around on these companies. Just goneto the first one, pushed on by his parents who are really putting the pressure on. We owe them some money, so....
I want to stop it. I have made it very clear. Do I have any rights?
As it has been put into Deeds of Trust the property, we partner as the trustee. This was because I didn't want to become part of the bank loan and to protect the banks interests....
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards