• Buying Out My Fathers Share

    By Guest on 09th Jan 2019

    My father owns 50% of his house. My brother and I own 25% each. I have POA can we buy his share cheaply

  • 1 Answers

    By Guest on 10/01/2019

    You can buy his share for whatever your father agrees to sell it for. If you are acting for him under Power Of Attorney the law is quite restrictive in transferring it to yourself you'd likely need a court order approving the transfer. This is to ensure attorneys do not abuse trust by transferring away the donor's assets to themselves.

    www.notaryexpress.co.uk

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