Steps involved in purchasing commercial property?

Question

What should I draw up? a purchase agreement of some sort? anything legal? I am looking at some what of a clean cut deal.. i give 46K and get my name on the deed as an owner of 35%interest. Any insight as to what I should do other than Hire a lawyer.. thanks The other 65% would be owned by my father in law. I am basically buying out his sisters share.

Answer 1

How is the sister listed now. I would think that you will do the same. The lawyer will provide a new deed with all people involved and ten have it recorded.pp