This is a real-life situation but I have hidden some of the details.
Let's say Person A has something that he is selling e.g. an oil painting.
Person A does not want to sell to Person B because he really dislikes him.
Person B approaches Person C and asks him to help to buy this item.
Person B tells Person C that once he has ownership of the item, then he will pay Person C say £10,000 for his help in getting the item.
Person C is in a position to help Person B get the item.
Person B and C agree between themselves not to tell Person A about their agreement.
Can Persons B and C approach a solicitor and ask for an agreement to be drawn up such that:
1. Person B lodges the £10,000 with the solicitor before he gets the item.
2. Once Person B has ownership of the item, then the money is transferred to Person C.
3. If Person B does not get ownership of the item, then the money is transferred back to Person B.
Or will the solicitor think that this may be 'dodgy' as they are fooling Person A into selling to someone he doesn't want to sell to?
The reason to try and get a drawn up agreement with a solicitor is that - without an agreement - Person
B could just get the item and then decide not to pay Person C for their help.
Any advice would be much appreciated.
Let's say Person A has something that he is selling e.g. an oil painting.
Person A does not want to sell to Person B because he really dislikes him.
Person B approaches Person C and asks him to help to buy this item.
Person B tells Person C that once he has ownership of the item, then he will pay Person C say £10,000 for his help in getting the item.
Person C is in a position to help Person B get the item.
Person B and C agree between themselves not to tell Person A about their agreement.
Can Persons B and C approach a solicitor and ask for an agreement to be drawn up such that:
1. Person B lodges the £10,000 with the solicitor before he gets the item.
2. Once Person B has ownership of the item, then the money is transferred to Person C.
3. If Person B does not get ownership of the item, then the money is transferred back to Person B.
Or will the solicitor think that this may be 'dodgy' as they are fooling Person A into selling to someone he doesn't want to sell to?
The reason to try and get a drawn up agreement with a solicitor is that - without an agreement - Person
B could just get the item and then decide not to pay Person C for their help.
Any advice would be much appreciated.
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