Legal Question in Real Estate Law in Illinois
My Fiance and a Partner originally bought a 12 acre lot which eventually was split up where my fiance got 5 acres and the other partner got 7 acres, making each person the owner of their own lot. Now, my fiance and this partner are planning on building a 50/50 shop on my fiance's portion of the lot. Can you please tell me if this is a good idea? Doesn't seem like a good one?
Asked on 2/28/16, 10:50 am
1 Answer from Attorneys
Thomas Moens
Moens Law Offices, Chartered
They should hire attorneys to help them with a well-crafted partnership or other appropriate agreement.
Answered on 2/28/16, 2:49 pm