Legal Question in Business Law in Ohio
I want to load money to a friend to purchase a house. What should I make him sign and do I file the papers with a court?
Asked on 12/01/09, 6:07 pm
1 Answer from Attorneys
Elizabeth Schmitz
Elizabeth S. Schmitz Attorney at Law
You will need your friend to sign a promissory note and you will probably want a mortgage on the property. The mortgage should be recorded with the county recorder's office in the county where the property is located.
Answered on 12/06/09, 7:30 pm
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