If a seller, a spouse in a messy divorce, clearly states that they are signing the deed under duress, do you sign and seal the acknowledgment?
I say no.
What if this person is forced under duress to sign a separate document which says they are not signing the deed under duress? I know it sounds implausible but that's what one of our readers says happened to her.
How would you handle that situation?
2 comments:
I would not! No Way!
Kathy Glor
Not exactly the same but similar situation in my office with a seller yesterday. Based on the answers to his questions on the 1099 reporting exemption, a 1099 was in order. When I reviewed the 1099 with him and he realized that he would be receiving a 1099 he got on the phone with his accountant and proudly announces that he will be "changing" his answers to avoid the issuance of a 1099. Sorry Charlie, not how it works. He refused to sign any seller docs and left our office. It's gonna be an interesting upcoming week....
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