mickoneill30
Registered User
- Messages
- 48
Bummer. Thanks Sarah. I don't think my folks would gift me €200,000. I'm not that nice. I suppose they could give me the rest with me agreeing to pay them back. That gets messy though. If I did go that route I presume I'd be paying stamp duty on the full price. Is that correct?Sarah W said:No, you can't buy a share of a property. Your parents could gift you the balance of the property if they so wished - do you have any siblings? Do your parents actually want to dispose of the house at the moment?
Sarah
www.rea.ie
Eh? So how, for example, do couples who buy together and then - for one reason or another - one sells their share to the other manage it?Sarah W said:No, you can't buy a share of a property. http://www.rea.ie
ClubMan said:Eh? So how, for example, do couples who buy together and then - for one reason or another - one sells their share to the other manage it?
Not in the case of three people (e.g. friends) buying together and they one of them selling their share to the other two. I know people who have done this so it is possible.Sunny said:But in that case doesn't the partner selling part of the house give up all rights on the property so only one partner ends up owning 100%. In the question above, he would own 60% of the house and the parents would own 40% of the house.
ClubMan said:Eh? So how, for example, do couples who buy together and then - for one reason or another - one sells their share to the other manage it?
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