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Won a house in a bet

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  • Won a house in a bet

    Hi
    A friend has won a house in a bet, bit unusual but true. Can anyone tell me of the legal requirements required to make this a legitimate arrangement?
    Regards.
    Tags: None

  • #2
    Hi HABANARED

    Providing it's in the UK.

    Some info here - https://www.gov.uk/registering-land-...-your-property

    Comment


    • #3
      Firstly did the bet comply with the conditions of the Gambling Act 2005?
      If not, it might not be enforceable.

      Then the prize is a house, so does the person who lost actually own the house?
      Is it solely his, or is there a joint owner or someone who might be a beneficial owner?

      Finally is it worth winning, or does it come with some unwanted encumbrance?

      Perhaps the winner will need to consult a solicitor before accepting his prize!

      Comment


      • #4
        Originally posted by des8 View Post
        Firstly did the bet comply with the conditions of the Gambling Act 2005?
        If not, it might not be enforceable.

        Then the prize is a house, so does the person who lost actually own the house?
        Is it solely his, or is there a joint owner or someone who might be a beneficial owner?

        Finally is it worth winning, or does it come with some unwanted encumbrance?

        Perhaps the winner will need to consult a solicitor before accepting his prize!
        Do you mean 'spooks', 'bats' etc?

        Comment


        • #5
          Originally posted by echat11 View Post

          Do you mean 'spooks', 'bats' etc?


          was actually thinking more on the lines of Chancel Repair liabilities

          Comment

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