Transfer costs if one partner leaves the partnership
Question
I am involved in a trust investment between 4 people. After a few years in this investment, I have decided to retract my investment interests in the trust fund. My pulling out has some name transfer costs. Who has to pay for the costs, will it be entirely on me or split between all involved?
Answer
You will have to bear the costs.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
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