Can Someone Force a Sale on a Mashkon That Is In His Possession?
About this episode
The episode discusses the complexities of a loan agreement involving property collateral and the implications of forcing a sale.
Questions? Comments? We love feedback! Email us at info@baishavaad.org Rav Dovid Josilowsky Question: Reuven asks his associate, Shimon, for a loan of $100k. Shimon only agrees to give the loan if Reuven signs over to him the deed of a property worth $500k that will serve as collateral until the loan is repaid. Reuven agrees to these terms. After a while, Shimon decides that he wants to purchase this property. He tells Reuven that he has two choices – either he legitimately sell...
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