BusinessAdviced needed ASAP!A relative of mine was working for an Estate Agent, who was was selling a property for a doctor (not that it makes any difference, what occupation their in). Contracts were exchanged with a wait of 3 months for completion. Soon after the exchange, the Estate Agent (who was a Sole trader), was in financial difficulties. They therefore sold the remaining ongoing files (the doctors included) to one of his employees (my relative) by Deed of Assignment, this was to make sure that all ongoing property files were looked after to a the completion dates. The doctor was notified as soon as the deed was signed over, he did not dispute this. My relatives company then became Limited about a week later, still using the same name. A deed of assignment was drawn up again - from his sole trader company to the Limited company. onedaymyfrie Thurs 02/10/08 18:31
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