oeb1 replied to the topic caveat question in the forum Legal & Accounting 13 years, 8 months ago
the money was not used to purchase the property, it was used to lay a floor, i guess my point here is that at the time the money was given it was not given as a loan, no agreements, no paper work, nothing signed by me, no mention of the money for 2 and a half years until now
oeb1 replied to the topic caveat question in the forum Legal & Accounting 13 years, 8 months ago
this comment was sent to me from a friend that has looked at the original questionThe answer you got deals with the assumption that you are happy to pay the 'loan' back at settlement, but doesn't really address whether the money is considered as a loan to be repaid or not. Can you go back to it again and query that point? I would also add that…[Read more]