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Jessica
Consultant
Chris The Lawyer, Expert
Hi My name is ***** ***** I am a New Zealand lawyer based in Wellingtonwith more than 42 years of experience. I am here to help with your questions.
Chris The Lawyer, Expert
This depends on several factors. Are you lending him the money personally or lending to his company? Or are you taking a share of the property?
Chris The Lawyer, Expert
Is that a gift or a loan?
Chris The Lawyer, Expert
The test is whether you are giving him the money, lending him the money, or buying a share in the property-which is it?
Chris The Lawyer, Expert
If he buys the property in the company name, then you can own shares in the company. You should get a shareholders agreement to record how you will deal with the property and what happens if you want to sell your shares, and how to deal with disputes
Chris The Lawyer, Expert
And provided you are shown as a shareholder in his company
Chris The Lawyer, Expert
How long have they been separated?
Chris The Lawyer, Expert
Then provided her name is ***** ***** anything she will not have a claim, as there are time limits for claiming under the Property Relationships Act
Chris The Lawyer, Expert
Three years-if she hasnt claimed she is much too late
Chris The Lawyer, Expert
Provided her name isnt on any of the property still
Chris The Lawyer, Expert
You can give up to 5