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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Questions on equity sharing Posted by John Peteres on July 16, 2008 at 7:47 PM In Reply to: Questions on equity sharing posted by Ward-CA- on April 15, 2002 at 3:04 PM : :Hi, My name is John from Morgan ES... If any one needs help in doing a Equity Sharing Real Estate Deal in the North East, Please check us out at www.mfin1031.com... Thanks, Morgan Equity Share In my research, I've come across someone who took a 50% ownership interest for the price of paying off a small debt which left the house free and clear. I found an agreement which : : said they would sell the property in 3 years. : : Is there a say to set this type of deal up that would protect one's interest during the holding period. How could the title holding trust be used? What if they decided not to sell? : =•=•=•=•=•=•=•=•=•=•= : Todd, : Sounds like you got a copy of someone’s equity share agreement. What I’d do is just a simple straight, promissory note and deed of trust, rather than sharing the equity with someone else. And most equity share folks aren’t too interested in holding times as short as 5 to 6 months. There’s more equity growth in 3 years than in 6 months. : If you used the trust you’d be sharing the beneficial interest in the trust. : I know that there’s a provision in the regular equity share arrangement concerning the buyout feature and what happens if someone won’t cooperate as promised, later on. But I haven’t been attracted to the underlying concept of equity share so I’m rusty in this area. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : :Hi, My name is John from Morgan ES... : If any one needs help in doing a Equity Sharing Real Estate Deal in the North East, Please check us out at www.mfin1031.com... : Thanks, : Morgan Equity Share : In my research, I've come across someone who took a 50% ownership interest for the price of paying off a small debt which left the house free and clear. I found an agreement which : : : said they would sell the property in 3 years. : : : Is there a say to set this type of deal up that would protect one's interest during the holding period. How could the title holding trust be used? What if they decided not to sell? : : =•=•=•=•=•=•=•=•=•=•= : : Todd, : : Sounds like you got a copy of someone’s equity share agreement. What I’d do is just a simple straight, promissory note and deed of trust, rather than sharing the equity with someone else. And most equity share folks aren’t too interested in holding times as short as 5 to 6 months. There’s more equity growth in 3 years than in 6 months. : : If you used the trust you’d be sharing the beneficial interest in the trust. : : I know that there’s a provision in the regular equity share arrangement concerning the buyout feature and what happens if someone won’t cooperate as promised, later on. But I haven’t been attracted to the underlying concept of equity share so I’m rusty in this area. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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