Purchase of Real Estate
My brother-in-law verbally agreed to sell me property in Kiln, Mississippi which I have been living in for approximate 5 years. Unfortunately, Hurricane Katrina hit, and, since the property was still in his name borrowed from the SBA against that property. I have spent thousands of $ upgrading, construction, etc. He now wants to keep property. Everything is in my name except the actual title. Is there anything I can do?
1 Answer from Attorneys
Re: Purchase of Real Estate
You will need to file claims in chancery court for fraud, estoppel, unjust enrichment, etc; and you will need to file a lis pendens notice in Chancery before he sells the property.