Yes i agree, but unfortunalely this property is now a defacto property settlement where the other party is being difficult. It seems the only way to satisfy the other partner that they are not being 'ripped off' is to put the property on the market – The Licensed Valuations and Agents market values have not convinced the partner of an appropriate price leaving the partner believing the property will sell at a higher value. When in reality, selling in todays curent market will take longer and cost more, but I, as a buyer will be paying less for the property than valued, and the partner will be at even more of a loss, if that makes sense.
So for me to purchase a property off the market that I am selling to break partnership – Do I have to set up and purchase through a business name?