Legal Question in Real Estate Law in Texas
Joint Venture Loan Refinance
A partner contributed real estate as the ''initial capital'' in a Joint Venture. The Joint Venture took out a loan to refinance the property. Is this real estate now ''partnership property''or the property of the partner?
Asked on 11/05/07, 11:05 am
1 Answer from Attorneys
Re: Joint Venture Loan Refinance
How did the partner contribute the property? Did the partner deed the property to the JV? Or is the "contribution" just allowing the JV to build on or use the property? Is there a contract between the JV and the partner?
Answered on 11/11/07, 5:09 pm
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