Do I have any rights on a property in Mexico that I shared payment with 4 Answers as of September 04, 2012I gave my dad $25,000 when he bought a vacation home in Baja Calif Mexico. When he sells it, due to circumstances am I entitled for my return? When I gave him the money, I was caught in a moment, him saying he would put me on the deed that never happened. I know he did put me down as beneficiary, but he could have changed it by now. With all the fees that go to owning property in Mexico, he wants to sell it.
The Law Office of Darren Aronow, PC | Darren Aronow
A contract is always binding, but it does not sound like you have any written agreement. So you would have to sue him in state court in order to collect, in which the burden of proof will fall on you that it was a loan or a repayable debt and not a gift.
Answer Applies to: New York