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Updated over 4 years ago,
Commercial property contract
Currently working on getting a storage facility under contract. The first pass has an addendum to the owners daughter for a portion of the sale to go to her as a second check. This is for “services” to the owner and buyer given she will provide a business plan.
My understanding of the sellers situation is that he wants to take a loss on the property to offset his other gains. My lawyer is cautious and wants it all go directly to seller then can pay her for the “services “.
Has anyone heard of anything like this? Any advice?