I recall them saying a couple of times "Don't tell anyone about the diner..." It's possible that they really didn't make a firm offer to the bank (which ordinarily would have caused a lien to be put on the property until they closed on the mortgage) - only that they were trying to raise the funds for the downpayment, but they didn't want anyone else to know of the opportunity.
The way I see it, Taran merely bought the property outright in an all cash sale (what landlord wouldn't love that?), essentially catching both the partner and Sam with their pants down. The wife then discovers that Taran completed a Quit Claim Form which allowed Taran to transfer, WITHOUT the need for a sale, the property to a company which Taran set up in Sam's name.
The transference of the property from Taran to Sam was a "silent procedure" and is not something that the partner would ever know about unless he made a formal inquiry (and even then, it is arguable as to how much information would be disclosed to the partner, since the partner was not a party to the transference).
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RelpScooby
7 years ago
Ohhhhhhh thanks for the explanation.
I was going to post something on this to ask, how did she pull off, buying the property.
But even though she could've paid with cash, doesn't anyone want to keep their nose clean, at all ?
I mean in the sense, of "identification, who is buying, who is this property going to and etc".
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