Commercial property may be owned jointly as part of a business venture or to make it easier for one of the parties to buy a commercial premises.
Disputes can arise in the following circumstances:
- One or more party may have made a direct financial contribution towards the purchase of the property or its renovation.
- A party may have been promised a share of the property and has acted to their detriment as a result.
- Where one owner refuses to sell the property and the other needs to recover their investment.
Our Property Dispute Resolution team here at Butcher & Barlow are experienced negotiators and utilise methods of Alternative Dispute Resolution such as mediation to obtain cost-effective results. However, where settlement is not possible, we have the tenacity to apply for an Order declaring the extent of your beneficial interest and for an Order for Sale.