Apni Law Staff asked 2 years ago
My friend and I bought two neighboring offices together, planning to start a business. The partnership didn’t work out, and now we want to split the offices. He wants to keep his office and is willing to swap it for another property he owns, of similar value. Is there a legal agreement we can make to ensure clear ownership of both properties and prevent future disputes?
Best Answer
Apni Law Staff answered 2 years ago
Yes, you can draft a legal agreement, such as a deed of exchange, outlining the swap of your office for his other property. This agreement should include clear descriptions of both properties, their valuations, and any outstanding liabilities, ensuring both parties have full ownership and preventing future disputes.
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