Hi,
A business partner and myself have both our names on a deed that the bank holds for a residential IP. The Loan is $650K.
Unfortunate circumstances (health) mean that my partner wishes to get off the deed so as to minimise debt exposure.
I have no problems with that as I think the IP is quite good.
But.....Can anyone pls tell me how much the bank/gov't will charge, to have him taken off the deeds?
ta,
JB
A business partner and myself have both our names on a deed that the bank holds for a residential IP. The Loan is $650K.
Unfortunate circumstances (health) mean that my partner wishes to get off the deed so as to minimise debt exposure.
I have no problems with that as I think the IP is quite good.
But.....Can anyone pls tell me how much the bank/gov't will charge, to have him taken off the deeds?
ta,
JB