Afew years ago my mother and then step dad brought a set of units with the intent of living in one, renting out one and giving another to my mums parents to live in (my nan and pop). My nan and pop put in $50,000 towards the cost of the property which was $130,000 all up, so they really paid for their unit outright. Thinking things would run smoothly they gave this money to my mother and step dad in cash and didn't put their name on the mortgage. To my knowledge this money was never put on the mortgage but used to finance a large shed for my step dads race cars.
Okay so roll afew years later, my mum and step dad get divorced and spilt propertys. My now ex step dad was given these units which contain his now ex in laws. He is now forcing them to pay rent or threatening he will sell up leaving them homeless with nothing. I feel they have already put in enough money to have covered enough for rent for years to come and shouldn't be forced to have to pay again. The problem is it was all done in good will and nothing is in writing. I feel if he does sell they shouold at least get some of the profit as they paid almost half. Any advice would be greatly appriciated thanks.

Since they are not on the deed, he may change them rent, or evict them if he wants.

The issue of the 50,000 investment in the property should have
1. been in writing
2. been addressed at the divorce hearing .

They will have to try now and sue for the money back trying to show it was a "loan" not a gift

Hello k:

Nan and Pop needs a good lawyer.

excon

Since nothing was in writing your grandparents are going to have a hard time proving their case. It's going to be he said she said and the Judge will have to rule according to the law, not according to any moral law.

They were too trusting to have just forked over that kind of money and not have their names on the deed.

Yes, they will have to pay rent if he so designates them to do so and if they don't pay, they can and probably will be evicted.

Very hard, bitter lesson for them unfortunately.

Hey, if you can't mess over your relatives, who can you effectively mess over?