[WSBARP] Messy RE fact pattern ... input, please!

[Tom Lee]

Listserv,

Client was an unmarried male in a relationship with an unmarried female
when they bought a house together (single family residence, in
city limits). They executed a real estate contract  together regarding the
house. If the relationship broke up in the first two years, the female
party would pay X amount of equity accrued during the applicable two year
period to the male, as part of the pay out for them to either acquire
separate residences or her to preserve the residence, as her family
provided the bulk of the money to purchase said residence. It would be
pretty difficult to dispute the contract's existence in litigation -
formalities were followed.

 Sure enough, they broke up and now it's a VERY messy break up. I am trying
to negotiate a truce between the parties. However, that's increasingly
likely not happening.

I recommend a partition action brought by my client and pursue remedies
alloted by the contract (difficult in and of itself to dispute). Both
clients have ample resources and it's hard to negotiate a truce, so to
speak.

I really would appreciate our braintrust's comments on this matter...

-- 

*TOM LEE*

Attorney

*R. THOMAS LEE, PLLC* | Attorney and Counselor at Law | A Professional
Limited Liability Company

Direct: 425-219-6736

rtl at rtleelaw.attorney | website: www.rtleelaw.attorney

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