Legal Question in Real Estate Law in Arizona
Property Contract Fraud?
My son lives in Europe. He wanted to purchase property in AZ, but couldn't get financing. So his mother did all of the papers in her name only. He paid and is paying all of the expenses. Now she says that if he doesn't ''purchase the property'' it belongs to her.
1 Answer from Attorneys
Statute of Frauds
Louise Aron
Attorney at Law
Lakewood Office:
1536 South Ingalls
Lakewood, Colorado 80232 USA
(303) 922 7687
fax (303) 922-1370
Cherry Creek Office:
300 South Jackson #100
Denver, Colorado 80209 USA
(303) 780-7339
Satellite offices:
Boulder - 4450 Arapahoe Avenue, #100
DTC - 4610 South Ulster, #150
A TOLL FREE NUMBER is available to clients outside the Denver metro area.
web site http://effectnet.com/la/
email: [email protected]
LawGuru User
Dear LawGuru User:
Oral contracts cannot create ownership interests in real property. I do not have enough information from what you have told me to give a definitive answer to your question, but I believe that without a contract between your son and his mother, his mother is not obligated to give him an ownership interest in the property.
There are certain litigation strategies such as "quantum meruit" which may be of assistance to your son, and to find out more about that I suggest that he contact a litigation attorney.
Please let me know if you have further questions.
Thank you for contacting LawGuru.
Sincerely,
Louise Aron
web site http://effectnet.com/la/
email: [email protected]
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