I own some land. I know someone that has promised to buy it. Is there any type of document that could be drawn up that allows me an advance of the price the buyer has promised before time of sale so that at time of sale the amount would be less en bloc. E.g. promised 30,000. I ask to have 5,000... Read more »
Probably. Have you already entered into a written sales contract? You state that the potential buyer "promised to buy it." In North Carolina, all contracts or agreements to sell or convey land must be in writing to be enforceable.
There are a few ways to accomplish your goal...Read more »
I moved from Philadelphia to Charlotte with my family after a friend of a friend promised to rent one of her rental properties to me. She could not give me a lease yet because she had a tenant moving out but she said I could move in as soon as they were out. So I transferred my job and uprooted my... Read more »
Leases for less than three years do not have to be in writing to be valid in North Carolina. However, since she specifically stated that she was not giving you a lease yet, it would likely be hard to prove you had a lease. There are many properties to rent in Charlotte, so its harder to show...Read more »
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