Real Estate Investment Dispute

Summary

If your son can prove his $30,000 contribution, he may have a legal claim to more compensation. He can pursue a claim based on equitable interests, and evidence such as bank statements or receipts will be crucial. Consulting a real estate attorney in Tennessee would be beneficial for his situation. Mediation could also help them reach a fair agreement without going to court. Legal costs can vary widely, with consultation fees ranging from $100 to $500 per hour, mediation costs from $200 to $500 per hour, and attorney fees from $150 to $500 per hour.

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My son in a joint real estate venture with his fiance purchased a house. He put down the bulk of the down payment which was * thousand dollars. However, he is not on the mortgage. She is now asking him to leave and only wants to give him * thousand dollars and not willing to recognizing his * thousand dollar investment. If he can prove that yes he did indeed put down the in excess of * thousand dollars would have a legal right to more compensation than * thousand dollars ?
If your son can prove his $*,* contribution, he may have a legal claim to more compensation. Here are some general legal points:
- He can pursue a claim based on equitable interests.
- Evidence such as bank statements or receipts will be crucial.
- Consulting a real estate attorney would be beneficial for his situation.
Has your son considered mediation or legal consultation to resolve this issue?
Not yet
Since your son has not yet considered mediation or legal consultation, it would be a good next step. Here are some options:

California Courts Self-Help Center


Phone: (*) *-*
Website: www.courts.ca.gov/selfhelp.htm

Has your son discussed the possibility of mediation with his fiancée?
Not yet
If your son hasn't yet discussed mediation with his fiancée, it might be a good idea to do so as a first step. Mediation could help them reach a fair agreement without going to court.
Has your son considered gathering all the necessary documentation to prove his $*,* contribution?
The house is in Tennessee
Since the house is in Tennessee, your son might need to look into Tennessee state laws regarding joint property and real estate investments. Here are some general points:
- He may have an equitable interest in the property.
- Evidence like bank statements or receipts is essential.
- Tennessee laws might differ, so consulting a local real estate attorney could be crucial.
Has your son considered consulting a local attorney in Tennessee?
Any Idea how much this could cost ?
Legal costs can vary widely depending on the complexity of the case and the attorney's experience. Here are some general cost estimates:
- Consultation Fees: $* - $* per hour.
- Mediation Costs: $* - $* per hour.
- Attorney Fees: $* - $* per hour.
Would you like more detailed information on attorney fees in Tennessee?
yes please
Attorney fees in Tennessee can vary based on the attorney's experience and the complexity of the case. Here are some general guidelines:
- Consultation Fees: $* - $* per hour.
- Mediation Costs: $* - $* per hour.
- Attorney Fees: $* - $* per hour.
Would you like information on local attorney recommendations in Tennessee?