TimCIHeadrick
Junior Member
Washington. Heres the short story. We bought a coffee stand from a guy we'll call him shady. Shady owns the two buildings on the property 1. The coffee stand. 2. The small outbuilding for storage. Another person holds the deed to the whole property. Shady claims that his "recycling buisness" has an office at the property. He does receive mail at this address. Though no buisness is conducted on site what so ever. We bought the stand from shady and he carries the note. All payments are current. But he has defaulted in either paying his portion to bank for stand or the recycling business. He has been in contact with others trying to sell buisness out from under us. He has a lien against him on this property. Is there any laws that protect us from derelict?