Q: Hi, I own a buy to let property with two others. We are selling the property and they signed a deed of assignment having
They signed the deed of assignment giving me their 2/3 share in the property in question and I signed a deed giving over my interest in 3 other properties which are now sold.They have now said during the sale of the property in question they want all the 50k equity after the sale because they didn't make much money on the other properties.
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A: It sounds like you are being ripped off due to not having an enforceable contract. You may have to sue for breach of contract, but statute of frauds may bar your suit. Hire a lawyer to work out the remaining deeds and compensation distributed.
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