I have invested money into condo, but money has gone to someone I have feelings for. He is 30years younger than me.
Under his credit loan was given, and condo title is under his name. I don't have paper work of lending/investing the money to him. I don't have contract. But I do have banking history of wiring the money into his bank account. He is saying money is given as gift of funds, and spent in buying a condo.
If I take him to court, can I win this case? Can I be part owner of the condo? do I have right to live in the condo he bought?
2007-11-16 16:48:47 · 4 answers · asked by nysung82 1 in Business & Finance ➔ Renting & Real Estate
You will loose in court. Without your name on the deed you have no rights at all to the property. He doesn't have to say anything about the money you wired over, with out a contract stating otherwise it is a gift, free and clear.
2007-11-17 04:30:05 · answer #1 · answered by Landlord 7 · 1⤊ 1⤋
Actually, this just like handing the cash over to him except there's a bank record of the wire transfer. You have no paperwork, no contract so I'm sorry to say you most likely out of luck. If you go to court, that will just be an additional cost for you.
Since you did this out of feelings for him, maybe you can speak to him and something can be worked out on a personal level. Hopefully, he'll do the right thing. If not, your best bet may be to move on and write this off to experience.
2007-11-17 02:03:50 · answer #2 · answered by shacker2762 3 · 0⤊ 1⤋
Without paper work you are in for tough times
2007-11-17 02:17:08 · answer #3 · answered by bobb 1 · 0⤊ 1⤋
Nothing in writing? You are probably out of luck.
2007-11-17 00:52:27 · answer #4 · answered by Judy 7 · 2⤊ 1⤋