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 Hi, i own a buy to let property with an ex-friend soon to be bankrupt
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Starting Member

8 Posts

Posted - 17 July 2012 :  13:56:27  Show Profile  Visit Lee.lr's Homepage  Reply with Quote
My friend had no choice in the matter as my bid for the beneficial interest exceeded his. I think that he may not sign as I will incur further costs. i just want to know what my options are if he refuses to sign and what rights he has if any with the property as all rentla income etc. is now mine.

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year 2029
Average Member

590 Posts

Posted - 17 July 2012 :  14:32:18  Show Profile  Reply with Quote
I suppose as the beneficial interest is yours, the only thing they could delay is if you wanted to sell it?

You would still be subject to your clause without their name being removed from the deeds.

Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated.
Professional advice should always be sought.

Edited by - year 2029 on 17 July 2012 14:32:57
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