https://www.propertyinvesting.com/members/rich0082/activity/ Activity feed for rich0082. Fri, 17 Apr 2026 10:27:04 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 fa4b2f341029bee6bc6a0db27c28a60d https://www.propertyinvesting.com/topic/5012397-unit-trust-transferring-units-to-other-trustees/ Wed, 26 Aug 2015 04:51:53 +0000 Hi
So we have transferred/sold our unit shares in a unit trust (that owned 4 investment properties) to the other trustees. Settlement has occurred some months ago but now the Trust Accountant is asking for all the receipts we incurred when we were managing 2 of the properties. The question is do we have to hand this over or should we keep the…[Read more]

]]> 9238ebf9f978ce4d50558aa75efa3458 https://www.propertyinvesting.com/topic/4404930-sa-property-unit-trust-and-real-estate-agent/#post-4657156 Wed, 12 Oct 2011 08:50:56 +0000 ok thanks

]]> c4e4cfdb0a36fb999e6a86c091ba1aeb https://www.propertyinvesting.com/topic/4404930-sa-property-unit-trust-and-real-estate-agent/#post-4657154 Mon, 10 Oct 2011 22:04:34 +0000 Sorry I should have added that this Property unit trust is owned by two couples and the other couple have been contacting our agent (of whom we pay all agency mgt fees personally ourselves) and demanding how the agency is to manage the property.  We hired the agent so that we did not have to deal with the other couple as much anymore as the…[Read more]

]]> 4fb6dedaeac965206e3d7e5c13ce4b39 https://www.propertyinvesting.com/topic/4404555-property-investment-with-another-couple-turns-sour/#post-4654646 Sun, 28 Aug 2011 02:05:47 +0000 Thanks Scott. Your opinions are exactly how I see it too. We just want to move ahead and get on with our lives. We are willing to take some losses if it comes to selling, but the other party doesn't want to. I can see their way, but if my husband and I became bankrupt or separated then we would be faced with this very same situation anyway. Cheers

]]> cfcd94bff3ae0a7a01c113229758fced https://www.propertyinvesting.com/topic/4404555-property-investment-with-another-couple-turns-sour/#post-4654644 Sun, 28 Aug 2011 00:25:23 +0000 Thanks TerryW,Yes my husband and I are trying to resolve this as best as we can, and yes ownership is 50-50. There is a statement in the trust:Unit holders not liable to indemnify trustee:"No unit holder shall be under obligation to indemnify the Trustee or any creditor against any liability or obligation incurred by the Trustee in the exercise of…[Read more]

]]> 842a1633f36b3d84790f523479e14622 https://www.propertyinvesting.com/topic/4404555-property-investment-with-another-couple-turns-sour/#post-4654642 Sat, 27 Aug 2011 23:02:07 +0000 Hi TerryW,The trust is a unit trust, which is owned by each of our respective family trusts. In the unit trust all 4 people are trustees.Cheers

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