Legal service needed - UK only please
Budget £750-1500 GBP
I am looking for a lawyer to draft an agreement between me and my husband. Under this agreement, I would represent my husband in jointly investing in a property with another investor, with my husband being the beneficial owner of his share of the investment while I would only be a nominee shareholder. My husband's name would therefore not even appear in the land register.
Background to the problem:
My boss, who is the managing director of a small company, offered that he and my husband and I could invest in rental properties together, with him owning 50% and my husband and I owning the other 50%. This is an attractive offer for us as he has a lot of experience in investing and we could learn something from him. However, he requires me to enter into a trust deed with him to facilitate the mortgage arrangement for just me (for both my husband and I, as my husband is not a UK citizen). However, my husband is the person who will put his savings into this investment in return for our share. He should therefore be assured that the share belongs to him, even though I would be listed as a co-owner in the land registry.
My boss has already drawn up a trust deed under which the ownership will be of the tenancy in common type, where 50% of the share belongs to him and 50% to me.
Is it even legally possible in the UK for my husband to remain hidden as beneficial owner of 50%? Are there any risks associated with doing this? In the event that I get into debt in the future, can my husband be sure that the enforcement officer cannot take his share of the property believing that it belongs to me?
Will such an agreement be sufficient to prove who is the beneficial owner, if necessary in the future?
14 freelancers are bidding on average £943 for this job
Hi. I am Attorney Umar. I have written contracts/agreements/terms and conditions and policies for different individuals/partnerships/companies and businesses around the world. Please see wonderful reviews on me at htt More
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Greetings, Hi Sir/Madam, I hope you are fine. I am a licensed lawyer having nine years of experience in this field. I will give you better legal advice, review, assist and draft of agreement between you and your wife b More
Hi, With my background in providing overarching legal assistance to a variety of companies – combined with my inherent understanding of legal contracts, negotiations, and proceedings – I am ready to provide outstanding More
I specialize in agreements and commercial property, I am an attorney, working in a firm having global presence with 10+ years of experience engaged with the dispute resolution team. My area of expertise is as follows More
Hi there, I am a qualified lawyer providing legal services to a multitude of clients based out of UK. I can accurately draft this agreement on your behalf and address all these questions when we connect. Looking forw More
I'm a legal document writer, I will provide your legal agreement between you and your husband related to the investment. Hey, Ruby here, having 10 years of experience in legal writing while having expertise in writin More
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Hey, I believe I’m the best man for the job as I have over 5 years of being a solicitor within the UK and I do these sort of contracts on a day to day basis, I would like to set up a call to answer all your questions a More