Valrico, FL · Member since 2013 · 25 posts · 2 votes
Hello BP,
I have an appointment to see a property. The property is free and clear, however there are 3 names on the deed (a mother and her two daughters). Everyone is on the same page about selling, and the mother will ultimately be the decision maker... How to I structure this deal? Do I need additional paper work for the other parties to sign?
Investor · Central Valley, CA · Member since 2012 · 6k+ posts · 3k+ votes
12y
All three parties sign the same purchase agreement. My purchase agreement says that it can be executed in counter parts. Which means if I send a copy to 3 different owners in three different places, they can each sign their copy and return it. It's complete when I've receive all the signatures.
Investor · Central Valley, CA · Member since 2012 · 6k+ posts · 3k+ votes
12y
All three parties sign the same purchase agreement. My purchase agreement says that it can be executed in counter parts. Which means if I send a copy to 3 different owners in three different places, they can each sign their copy and return it. It's complete when I've receive all the signatures.