- Oct 6, 2008
- 857
A loan vs. gifting.
We sold our home and went cruising back in 2000. While cleaning out the shop the new owner remarked about how he could use the wood working saws etc. Could he use them until we returned? Another long time friend also remarked about how he would love to use/store my metal working equipment. So be it.
Upon our reture:
The new owner said, when I finally went to his place of work because he refused to return my calls, that his lawyer advised him the tool were considered part of the sale as they were mounted on the counters.
The old friend, well he got into drugs, at the age of 60, and sold all the welder, saws etc.
I try to be a non-violent person but that is a damn hard thing to do sometimes.
Ray
We sold our home and went cruising back in 2000. While cleaning out the shop the new owner remarked about how he could use the wood working saws etc. Could he use them until we returned? Another long time friend also remarked about how he would love to use/store my metal working equipment. So be it.
Upon our reture:
The new owner said, when I finally went to his place of work because he refused to return my calls, that his lawyer advised him the tool were considered part of the sale as they were mounted on the counters.
The old friend, well he got into drugs, at the age of 60, and sold all the welder, saws etc.
I try to be a non-violent person but that is a damn hard thing to do sometimes.
Ray