Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
LuvRPgrl said:Im going to run into a legal issue with my biological father, Melvin, and I am wondering how to proceed. Monday Im gonna call some attornies, but I was hoping to get some input from knowledgable members here.
Thanks, ronK
LuvRPgrl said:Maybe, but that Im not concerned about.
Melvin owns his home in Torrance. In 92 he bought another house in Torrance "for me". We have kept it in his name for various reasons.
I made the mortgage payments to him. I paid back the money he paid for the down payment. It was always said and understood, it was my house.
A few years ago, I convinced him we should borrow against the equity and go two stories. We commenced on that understanding still that it was and will remain my house. Also it was explicitly stated in front of witnesses, more than once, by him, that if we sell the house, after all the liens are paid off, the profits are ALL mine.
While in the process, he decided it would be best for me to sell the house and buy another to fix up and sell.
I told him I dont want to sell the house for another year. He said we are selling it soon.
I want to know what I need to do to stop the sale for about one year, and also what I need to do to make sure I get the profits.
I don't know for sure about Ca..or what Manu said about "verbal contracts are binding in California...."LuvRPgrl said:Maybe, but that Im not concerned about.
Melvin owns his home in Torrance. In 92 he bought another house in Torrance "for me". We have kept it in his name for various reasons.
I made the mortgage payments to him. I paid back the money he paid for the down payment. It was always said and understood, it was my house.
A few years ago, I convinced him we should borrow against the equity and go two stories. We commenced on that understanding still that it was and will remain my house. Also it was explicitly stated in front of witnesses, more than once, by him, that if we sell the house, after all the liens are paid off, the profits are ALL mine.
While in the process, he decided it would be best for me to sell the house and buy another to fix up and sell.
I told him I dont want to sell the house for another year. He said we are selling it soon.
I want to know what I need to do to stop the sale for about one year, and also what I need to do to make sure I get the profits.
Mr. P said:I don't know for sure about Ca..or what Manu said about "verbal contracts are binding in California...."
They are I'm sure in some cases, but as far as I know in real estate, IT MUST BE ON PAPER nationwide for the most part.
Google it...for Ca.
manu1959 said:she is in the double whammy, the contract she has with him is binding as there are witnesses, howvere the house is in his name so it is his to do with as he pleases as well as the profits unless she can get a court to rule her verbal contract is binding....that will take time....in the mean time he will sell those house pocket the cash....which is why i said sit down with him....and ask if we can "write all this down" sign it and get it notarized....and get your name on the deed for gods sake