VIC Caveat (gift or loan?)

[tim3272]

Hi,

My relatives gifted me money 2 years ago. I bought a property, the title in my name. Now they want the money back. In fact, they obtained caveat on my property and counselling with lawyers at the moment go to Supreme Court.

No written or verbal agreement has been made between us, no obligations, terms or contract. Furthermore money was given by cash. Basically my words against theirs.

What are my chances in the Supreme Court? What balances or probabilities can arise? What my are options in general?

Thanks a lot for any help

 

[tim3272]

Please, need advice! or law company which area of expertise is caveats, commercial and family. Regarding this issues. thanks hips!!!!

 

[Rod]

Unless the other party can prove the existence of a loan you will be OK.

If any paperwork arrives from their lawyers recommend you see a lawyer to defend yourself.

 

[tim3272]

Hi Rod. Really do appreciate for your help. No paperwork yet, only letter of caveat at the moment from their lawyer.... What evidence in might be? Thanks!!!

 

[tim3272]

Unless the other party can prove the existence of a loan you will be OK.

If any paperwork arrives from their lawyers recommend you see a lawyer to defend yourself.

 

[Rod]

Have they already applied for a caveat, or do they want you to do something? You may need to object to the caveat being placed if it hasn't already.

Be careful in case they are setting you up in some way to acknowledge a debt owed to them. Might pay to show a lawyer the letter and get advice.