02 Apr

How can my brothers split the proceeds of a house sale fairly?

Two of them put in £75,000 each and the other £3,000, but they don’t have a deed of trustQ Three of my brothers owned a house together, which they recently sold. Two of the brothers put £75,000 each into the house and the third brother, who has not lived in the property for 10 years contributed £3,000 towards the purchase of the house. There was no mortgage on the property.They had no deed of trust. We would like to know what is the legal way of splitting the profit from the house. The house sold for £490,000.GS Continue reading…

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