Legal Question in Real Estate Law in Utah

If I borrow money from my father to buy a home can interest on a promissory note be paid off by working for the lender or providing a service?

Asked on 1/11/12, 10:39 am

1 Answer from Attorneys

Alvin Lundgren Alvin R. Lundgren, L.C.

Yes, if all concerned agree - you should have your agreement in writing and signed by all parties.

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Answered on 1/11/12, 9:45 pm


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