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are there any laws that pertain to paying back "gifts of equity"?

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mikeith Joined: 28 Oct 2010 Posts: 1 1.00 Dollars($)	Posted: Thu Oct 28, 2010 11:05 am    Post subject: are there any laws that pertain to paying back "gifts o Like 0 Dislike 0 can a person give a "gift of equity" with a side agreement between the two parties to pay the gifted equity back at a future date? are there laws that forbid this? (in AZ)
smithsussane Joined: 18 Sep 2008 Posts: 10382 Location: Alaska 976.66 Dollars($)	Posted: Thu Oct 28, 2010 10:29 pm    Post subject: Like 0 Dislike 0 Hi mikeith! Welcome to forums! I will suggest you to contact an Arizona based attorney and take his opinion in this matter. He will guide you further in this case. Sussane

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