Hi guys,
We have recently bought a property with our two friends. My husband and I own 50% and our friends have a 25% SHARE EACH. Many times we have discussed writing up a contract covering all issues including death, marriage breakups , selling in the future etc but we still havent done anything about it. Despite all our good intentions we need to do this document for all our benefit.
My question is do we need to go through a solicitor or can we complete our own contract ourselves that would be legally binding.
Has anybody been in the same situation and what approach was taken?
Thanks Mrs Bird
We have recently bought a property with our two friends. My husband and I own 50% and our friends have a 25% SHARE EACH. Many times we have discussed writing up a contract covering all issues including death, marriage breakups , selling in the future etc but we still havent done anything about it. Despite all our good intentions we need to do this document for all our benefit.
My question is do we need to go through a solicitor or can we complete our own contract ourselves that would be legally binding.
Has anybody been in the same situation and what approach was taken?
Thanks Mrs Bird