Legal Question in Real Estate Law in Virginia

We bought a house with owner financing and now that we have obtained bank financing she wants to back out of the contract. In the meantime, she transferred the property to her family trust. Can we sue her trust?


Asked on 1/01/10, 6:44 am

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Very likely, you would name this seller as a defendnat as well as the trust

in any lawsuit filed, but there remains to be clarified the issue of who is now

currently the owner of record, you or the seller? If you "bought" the house, title

should already be in your name and she could not transfer it to her family trust.

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Answered on 1/06/10, 6:59 am


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