I have to attend a Part 8 claim where they are seeking to force the sale of properties of which I am trustee under a declaration of trust. I need a defence to try and halt as the properties were originally purchased by me under sale and rent back of which in the offer letter I promised the home owners the ability to rent their homes back for a minimum of 10 years of which only 7 have have passed. I believe this forces me into a breach of contract with these original home owners.
If I fail I then wish to know the practice for resigning as trustee and to remove myself from the mortgage responsibilites, no matter how extreme.
Canwe have the complete mechanics of the trust and the complete mechanics of yourpurchase and the complete mechanics of the current proposed sale please?
Whosename is XXXXX XXXXX in? Who lives in the property? Do they pay rent?
Whyare they wanting to force a sale? A sale by who to who?