WORLD Law Direct Forums  





Go Back   WORLD Law Direct Forums > Real Estate & Property Law > Buying & Selling Property
REGISTER FAQ SEARCH Today's Posts Mark Forums Read
Personal Lawyer Legal Forms Calendar

Buying & Selling Property Buying and selling real estate property.

Verbal agreement on sale of real estate

Consult Your Own Personal Lawyer Now!
Reply
AddThis Feed Button
 
Thread Tools Search this Thread Rate Thread Display Modes
Old Jan 19th, 2008, 01:39 AM     #1
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Confused Verbal agreement on sale of real estate

The home we live in used to belong to my Grandfather. A couple years ago, he offered to sale it to my husband and I. We attempted to get a loan but weren't able to. So the three of us (husband, grandfather and myself) sat down and made a verbal agreement that we would put money in an account as we were able to. No set amount per month to save was said, nor was a timeframe put on it. If he were to be living when the full amount was there, we would give it to him. If he were deceased, when the full amount was there, it would be divided between his four daughters. None of the daughters were there during the agreement. He then legally signed the house over to us and it is in our name. We have very gradually been putting money aside as we have had some financial difficulties. Well sadly, my Grandfather passed away early December 2007. I have recently been getting emails from 3 of his daughters stating that they want their part of the money now. And one of them has threatened to sue us for her part. Would she have a case in court?
  Reply With Quote
Sponsored Links
Top crime attorneys
Old Jan 23rd, 2008, 10:51 AM     #2
Top Level Member
 
judg4's Avatar
 
Last Online:
Sep 25th, 2008 02:24 PM
Join Date: Mar 2007
Posts: 450

Default Re: Verbal agreement on sale of real estate

How did the daughters know of the agreement?
judg4 is offline   Reply With Quote
Old Jan 23rd, 2008, 02:25 PM     #3
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Verbal agreement on sale of real estate

They knew that he was wanting to sell it. After we had the conversation, he told them what he had done.
  Reply With Quote
Old Jan 24th, 2008, 07:54 PM     #4
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Verbal agreement on sale of real estate

The house is in your name so they have to prove now that they have some right to the funds.

It would seem they don't have much solid proof...
  Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Add Forum to Google Toolbar | Format Your Messages

Posting Rules

Similar Threads
Thread Thread Starter Forum Replies Last Post
Claims we had verbal agreement Unregistered Small Claims Courts 0 Sep 11th, 2008 09:18 AM
Verbal contract / agreement Unregistered Miscellaneous Topics 1 Apr 29th, 2008 12:13 PM
Verbal Agreement Unregistered Small Claims Courts 2 Mar 31st, 2008 07:09 PM
Verbal agreement gone bad pearllee Small Claims Courts 0 Feb 8th, 2008 06:56 PM
real estate foreclosure sale Unregistered Other Real Estate Law Matters 4 Jan 12th, 2007 09:30 AM


All times are GMT -5. The time now is 03:20 AM.


Top crime attorneys

Subscribe

Use of the Forums is subject to our Disclaimer which prohibits unapproved advertisements, solicitations or other commercial messages, and false, harassing or abusive statements. All postings reflect the views of the author but become the property of WORLD Law Direct.

Questions and information submitted in the Forums are assumed inquiries for general information and not legal advice.

Copyright 2000-2009 by WORLDLawDirect.com, Inc.