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morning-run · the-property-show · 29 May 2015 · 09:35 am · 16 mins listen
"I would like to understand a little more about Deed of Trust which commonly used by property investment group/investor club when buying property.
For example:
5 investors group together to buy 1 property. The S&P of the property then agreed upon to put under one of the investor name for the sake of loan application issue under 1st party charge. Hence, a Deed of Trust was draftef to safeguard the interest of the rest of the investors.
Q1: Is Deed of Trust sufficient to protect the rest of the investors' interest? or could we include additional legal instrument to enhance it?"
Chris takes on the tricky issue of buying properties with friends and family.
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