Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

3
Posts
0
Votes
Ryan Haskell
  • Investor
  • Maumee, OH
0
Votes |
3
Posts

Partner put only his name upon transferring title

Ryan Haskell
  • Investor
  • Maumee, OH
Posted

Hello, let me start by saying I am new to the real estate market and have recently began to get my feet wet with renovating a couple properties.

Here is my question: If my partner in renovating our current house only puts the title to the home in his name after I am the one who funded 90% with my cash and credit, would he be able to sell behind my back? We signed a partnership agreement stating that property could not be sold with out all parties involved, but when I try talk to him about putting my name on the title as well he changes the subject or says there is nothing to worry about. I do not want him selling with out me and running off with my half of the money, considering all the cash and debt I have put into the mix, as well tons of my personal time.

My partner is the one with some experience in real estate and I included majority of the cash, if not all, because he is very secretive and have caught him in numerous lies, either saying pex piping was more expensive than copper, and I notice many other little lies he tells to potential investors as well. He also does some other things I will not mention in a public forum. He does not have anything in his name and seems like suing would be a lost cause. Would this be considered fraudulent activity if sells without me and does not pay my half or do I have any legal recourse before he can sell the house so both of our names on the title? 

Please any help is appreciated, thanks!!

Loading replies...