Hi all,
I just wanted to know if this is possible. My dad is finally in the process of putting his house up for auction. He lacks the English skills and is also not confident so I always take care of that stuff. he plans on buying an investment property and retiring of the rent while living with us. Now it would be me that will be looking and taking care of the purchase of the next property. The current house is fully paid off.
The question is, upon settlement can the cheque be put under my name or does it have to be his?
I just wanted to know if this is possible. My dad is finally in the process of putting his house up for auction. He lacks the English skills and is also not confident so I always take care of that stuff. he plans on buying an investment property and retiring of the rent while living with us. Now it would be me that will be looking and taking care of the purchase of the next property. The current house is fully paid off.
The question is, upon settlement can the cheque be put under my name or does it have to be his?