This is sort of a law question for a lawyer or law student etc. anything will help!?

C

confused!!

New member
My in laws are involved in a ugly situation. They decided to help out another couple in buying a home by putting down half the down payment which is $4,000! the agreement was that all 4 would be on the title. they didn't get a receipt or anything written because the couple is my mother in laws parents! now the couple whose name the loan is under wants to charge more rent and not add them on the title... they refuse to sign something now saying they will reimburse them the 4,000 plus expenses since the home was sold as is. they have invested over 2,000 fixing it for now to told they don't want them on the tittle. what can they do?
 
If they weren't put on the title, have no receipt for the $4000 and have nothing to prove the agreement, they're pretty much out of luck.

Nice thing for the parents to do! not.
 
Any agreement made over $500 should always be made in writing. However, that doesn't mean verbal agreements are completely null. I want to say your in laws are screwed, but the only option I can think of is get an attorney's advise or try Small Claims Court. If you have proof of work done in the property, i.e. hiring a contractor to fix the roof, and you have a receipt, an affidavit from the contractor, etc., you may be able to convince the judge and get more than 4,000 back. But you will not get the house nor can you make the couple add the names to the title.
 
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