[WSBARP] Real Estate Purchase ?

[Justin Monro]

Hi Listmates:

Client has agreed with a seller to purchase 49% of sellers property. Upon closing Seller retains 51% ownership.

Property is currently owned entirely by the seller, no mortgages or liens through the title report.

I haven't done this before but how do I write up the 49% ownership for the new client? I am assuming in the contract.  Is there any issues with this type of ownership?

Thank you,

Justin K. Monro
Attorney at Law
The Monro Law Firm PS Inc.
1830 Bickford Ave. Ste 204
Snohomish, WA 98290

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