A Father (RE Agent, Broker, Owns Biz as RE Developer) is approached by his Daughter wanting to purchase Property for her to live in. An Agreement is eventually reached between the Father and Daughter and an Agreement/Contract is Made.
The Father purchases property in 2014 for $120,000.00 (7% Increased Value since being built in 05)
Daughter Pays Father Directly An Initial Down payment in the amount of $10,000.00
Daughter is Required To Make Timely Lump Sum Payments totaling $10,000.00 every 3 months.
Payable to the Father. Tax and Interest Free.
The Father would keep his name in addition to his Daughters Name on the Title Until Such time as the Principle had been Repaid, at which time His name would be removed, Leaving her with Sole Ownership and Title to the Property.
All Payments were made in accordance with the predetermined schedule.
- TOTAL MONEY PAID to Father $160,000.00
September 2019 Father Pays A Moving Crew to Act as a Court Approved Bailiff, including the use of a Fraudulent/Forged Document purporting to be a genuine Writ of Possession used this document to justify the Forcibly Gained Entry To Property and Completely Removed his Daughter And Her Fiancée Wrongfully from their Home along with their belongings. The Reason this is mentioned, or thought to be relevant is the issue surrounding the several written "threats" made by the Father that had announced his intentions to so weeks before.
The Couple end uprooted, and with few options in the Market in their BC Town. The forced move cost dearly, as in addition to the costs associated with acquiring a new residence, re-establishing and restarting their business during the Lockdown- adding there had been costly mistakes on behalf of the movers damaging a considerable amount of their property for which was realted to their businessd.
There has been a pattern in previous circumstances, that follow much the same patterns of intimidation, and other types of behavior such as described here, on behalf of the Father.
In Decemeber 4th of 2020 The Father Sold the Home For $262,500.00
Todays Date: The Father has Not Paid or Provided any Such Monies To The Daughter. Est. Value $307,000 in 2022