Thank you everyone. I understand what needs to happen now. We are drafting a contract and will speak to them this week about it. They are still a few weeks out on the sale of their house.
The agreement was: They were not going to move in until Darrel retires. Then they were to sell their house and have somewhere to move and pay us off. So they are breaking the verbal agreement. The question is: Is a verbal agreement binding with four witnesses and several family members as...
My wife and her sister bought property together here in Missouri several years ago. We built a duplex house with a shared kitchen on the property together (My wife and I and her sister and her husband). We split the cost down the middle as we were building ourselves over the last few years.
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