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Boutique law firm dealing with all aspects of private client work, estate planning, estate administration, and associated property law work
Frequently asked questions
Q:
It is important for buyers and those providing any financial assistance to ensure adequate legal measures have been taken from the outset. The crucial question is, are the funds a gift or a loan?
A:
The most common scenario, and the one accepted by mortgage lenders, is that the funds are to be ‘gifted’ by the family member rather than the funds...
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