Bonjour everyone,
This is Daniel from Quebec. I need help dealing with a dishonest and fraudulent seller. My partner and I have been working on this deal for a long time and we are looking for a lawyer in Quebec to help us out dealing with this. If you know of a good real estate lawyer that would work on a commission of money we would get instead of a normal salary, please let me know.
So far, our fees and money paid in this project is not that great. Approx. 540$ for Inspection and some fees on registered letter sent. We also have a 5000$ deposit but this shouldn`t be a problem getting back. Where we need more help is the fact that we concentrated on this particular deal and passed others. We worked for approx. 5 months and we changed units 3 times with these people because of their dishonesty. There should be some damage paid back to us.
Here is a brief idea of what has happen during the 5 months:
The first unit we were told the unit was already bought but when I looked on the city website, it is still in the possession of one of the owner as of this day. We did not spend a lot of time on this 1st condo but this is to show how dishonest they are.
The second unit that we were almost ready to close on, when we received the lease we noticed that the tenant had signed for the same amount he was already paying but until July 2009. According to our plan and what was given to us, we would have raised the rent 100$ more in July 2008. This signature of the lease was done without our knowledge and nobody came forward to tell us straight out. We had to find this on our own. The deal wasn`t as profitable anymore so we changed for another unit.
For this new unit, everything was going fine, we had our financing, etc. The only thing left was the inspection, finding insurance, and closing. Last week when I went for the inspection I started talking with my future tenant. This is when I learned that she was moving out very soon. I told her that it was strange since I had a lease signed by her stating she agreed to an immediate raise in rent and another one in July 2008 until July 2009. She said she never agreed to this and pointed out that there was a spelling error in her signature.
Basically, the seller is doing fraud be providing us with a "fake" lease intended to make us close on the deal, no?
Any suggestions on what we should do. I`m really disappointed that this is going like this. I was looking forward owning my first profitable investment property.
Just to let you know how the sellers are also lying, we were told all unit were already sold. After I checked, I can see that out of 18 units, only 8 are sold (9 if we would buy ours).
Merci beaucoup,
Daniel.
This is Daniel from Quebec. I need help dealing with a dishonest and fraudulent seller. My partner and I have been working on this deal for a long time and we are looking for a lawyer in Quebec to help us out dealing with this. If you know of a good real estate lawyer that would work on a commission of money we would get instead of a normal salary, please let me know.
So far, our fees and money paid in this project is not that great. Approx. 540$ for Inspection and some fees on registered letter sent. We also have a 5000$ deposit but this shouldn`t be a problem getting back. Where we need more help is the fact that we concentrated on this particular deal and passed others. We worked for approx. 5 months and we changed units 3 times with these people because of their dishonesty. There should be some damage paid back to us.
Here is a brief idea of what has happen during the 5 months:
The first unit we were told the unit was already bought but when I looked on the city website, it is still in the possession of one of the owner as of this day. We did not spend a lot of time on this 1st condo but this is to show how dishonest they are.
The second unit that we were almost ready to close on, when we received the lease we noticed that the tenant had signed for the same amount he was already paying but until July 2009. According to our plan and what was given to us, we would have raised the rent 100$ more in July 2008. This signature of the lease was done without our knowledge and nobody came forward to tell us straight out. We had to find this on our own. The deal wasn`t as profitable anymore so we changed for another unit.
For this new unit, everything was going fine, we had our financing, etc. The only thing left was the inspection, finding insurance, and closing. Last week when I went for the inspection I started talking with my future tenant. This is when I learned that she was moving out very soon. I told her that it was strange since I had a lease signed by her stating she agreed to an immediate raise in rent and another one in July 2008 until July 2009. She said she never agreed to this and pointed out that there was a spelling error in her signature.
Basically, the seller is doing fraud be providing us with a "fake" lease intended to make us close on the deal, no?
Any suggestions on what we should do. I`m really disappointed that this is going like this. I was looking forward owning my first profitable investment property.
Just to let you know how the sellers are also lying, we were told all unit were already sold. After I checked, I can see that out of 18 units, only 8 are sold (9 if we would buy ours).
Merci beaucoup,
Daniel.
