say i am going to purhase a bread distributing route and have 1 full year to sell route back to company for full purchase price and need a cosigner to help me purchase. cosigner needs a contract written up to ensure that i will purchase the route on my own in 1 year and refinance it my own name or i have to sell the route back to company. how do i go about getting this done? do i take it to a lawyer or notary or something to make it legal?
2007-02-26 08:42:38 · 3 answers · asked by sparksss 1 in Politics & Government ➔ Law & Ethics
does the company have to be involved? it can't just be between me and cosigner?
and does this cost anything?
2007-02-26 08:48:52 · update #1
Speak to an attorney before you sign any pre-written contract. If there isn't a pre-written contract you can also have your attorney write one up to protect both parties. You may need it notorized, but most attorney's can do that for you. I suggest finding a good attorney that you can use for all your business needs. It's very important to have them read over anything legal, so that you are not screwed.
2007-02-26 08:50:35 · answer #1 · answered by Anonymous · 0⤊ 0⤋
An attorney can draw up a contract between you and the co-signer. Most attorneys will draw up a contract for an hour or two of their time. You should look for an attorney who is in general practice or who does some business law.
As was suggested earlier, you should also consider hiring that attorney to help you with your business, in the sense that wyou will probably need his/her advice from time to time, and this is a resource who can be very useful.
For a referral to an attorney, contact your local or state bar association.
2007-02-26 17:26:55 · answer #2 · answered by Phil R 5 · 0⤊ 0⤋
Speak to an attorney and have a contract drawn up protecting all parties.
2007-02-26 16:46:41 · answer #3 · answered by Akbar B 6 · 0⤊ 0⤋