Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.Sam has been caring for Alice, his elderly mother, for the past 10 years. Alice has been physically ill for the great majority of that

1.Sam has been caring for Alice, his elderly mother, for the past 10 years. Alice has been physically ill for the great majority of that time and Sam has devoted much of his time to providing care for her. Alice lives in her own house, and pays for all of her own expenses, but does not pay Sam anything for all of the time he spends caring for her. Sam has two siblings who live 2,000 kilometres away and are, therefore, unable to help care for Alice. Alice has reached the point where she must leave her own home and enter a long-term care facility. Alice will be selling her house when she moves. Alice's house has been appraised as being worth $250,000. Sam has been looking for a house as he no longer wishes to live in his apartment. Alice offers to sell Sam her house for $50,000, as she is very grateful for all of the time Sam has spent caring for her. Sam has a friend who is a real estate agent who will help them draft a contract of sale. What legal issue could arise if Sam does not take the necessary precautions to prevent this transaction from being overturned? (5)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contract Law

Authors: Ewan McKendrick

13th Edition

1352005255, 978-1352005257

More Books

Students also viewed these Law questions

Question

What is the role of cognition and thought in learning?

Answered: 1 week ago