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Maverick
Maverick, Lawyer
Category: Family Law
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Experience:  20 years of professional experience
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IF A FAMILY PARTNERSHIP OWES A DEBT ON SERVICES FOR PROBERTY

Resolved Question:

IF A FAMILY PARTNERSHIP OWES A DEBT ON SERVICES FOR PROBERTY ISSUES
THERE IS NO SIGNED OR LEGAL ACTION TAKEN ON THE PARTNERSHIP SUCH AS
JUDGEMENT OR LIENS,DOES THE DEBTOR HAVE THE RIGHT TO DEMAND PAYMENT
IF A PORTION OF THE PROBERTY IS SOLD,WHEN THE AGREEMENT WAS BALANCE
UPON SALE OF ALL PROBERTY
Submitted: 5 years ago.
Category: Family Law
Expert:  Maverick replied 5 years ago.

Welcome to Just Answer! My name isXXXXX very much enjoy what I do and I hope that you will benefit from this information.

 

If you have a written agreement that states that the partnership only owes the money when there is a sale of all the property, then his legal claim, under the terms of the contract, to collect money only arises when all the property is sold.

 

 

 

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