Search the Community
Showing results for tags 'contract'.
Found 1 result
-
Hello people! Rough straw poll here - how many of you would consider selling 1% (one per cent) of your home if you could do so? If there was a simple way to do it? Imagine your tax is unchanged - your rights and duties remain unchanged. Assume you are in clear ownership (after debts and charges) of at least 80% of your home before you do this. All that happens is that when and if you sell or give away (or a relative inherits) the home, the holder of the 1% contract is entitled to one per cent to a cash payment equal to one hundredth of the house value at that time. Thanking folk in advance!
