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Updated over 1 year ago,

User Stats

13
Posts
2
Votes
Ciara Odhiambo
  • New to Real Estate
  • Santa Barbara, CA
2
Votes |
13
Posts

Winery Partnership Gone Bad! Creative Strategies needed to get winemaker out of a rut

Ciara Odhiambo
  • New to Real Estate
  • Santa Barbara, CA
Posted

Hello Investor Fam,

I'm working on a project that involves a winery owner who needs some big assistance.

Background:

Owner is in a "hand shake" partnership. 35 years ago winemaker shook hands with wealth silent investor to help him get started. 100 acres of land in sale. 10% acres is allocated to silent partner ( only through "word" contract).

Owner owns 100% of land (he is on the DEED 100%). No other Partnerships shown.

Now silent partner is trying to push winemaker out with subtle jabs: dumbing on land, influencing potential lease holder contracts etc

Obviously legal aid has been hired. But here is my question

I have learned a bit in the creative strategy realm. Any knowledge on how creative investing strategies might help shield and protect this owner. Could her Seller finance or sell the property to a trustee and make a contract with trustee? Could he lease to trustee the entire property over 30 - 40 years, and again to the next generation?

Any good lawyers you can refer that have dealt with such matters is greatly appreciated.

Thank you all in advance. I look forward to hearing your responses.

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