Sell House

Man wins suit to sell house occupied by sect Man wins suit to sell house occupied by sect He's been trying to sell the $1.8m house since he left sect and moved out but sect members occupying it claimed they had right to live there The Straits Times/August 17, 2004 By Elena Chong A former Singapore Airlines pilot yesterday won a court order to sell a $1.8 million house in Sembawang, in which several members of religious sect House of Israel have been staying. Mr Steven Joshua, 56, who co-owns the 792.8 sq m place with four others, had sued former wife Deborah Steven Joshua, 55; his sister, Madam Rachel Jacob, 50; and three other couples staying there. He has been trying to sell the place since he left the group in 2001 and moved out. However, the sect members claimed there was a property covenant that entitled them to live there. They now have up to mid-November to move out of the Sembawang Place bungalow. Mr Joshua had also sued another sister, Mrs Rebekah Isaac, 47, and her husband, Mr Isaac Benjamin, 49, who left the group in 1993. They did not contest the suit as they too wanted to sell the property. They will be given a 20 per cent share of the proceeds of the sale. Mr Joshua, his ex-wife, his two sisters and Mr Benjamin bought the house for $700,000 in 1986 and registered it in their names. At the time, they belonged to the religious group, which hit the headlines nine years ago when three of its members lost a libel suit against The Straits Times for describing it as a 'sect'. Yesterday, Justice Tan Lee Meng threw out the defendants' counterclaim, saying they had not proven their case. The net proceeds of the sale of the Sembawang home have to be distributed among the co-owners, said the judge, with Mr Benjamin and his wife getting 20 per cent and the other three - Mr Joshua, his ex-wife and Madam Jacob - sharing the remainder according to the proportion they paid for the property. Mr Joshua, who also won on costs, was represented by Mr James Ponniah. Mr Daniel John acted for all the defendants except Mr Benjamin and his wife. To see more documents/articles regarding this group/organization/subject click here . Home Database Cult News Search Getting Help Forum Mind Control Legal Contact Us About Us What's New Headlines Links Books Help RRI FAQ

Sell house privately online.

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Real Estate Course Search

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Property Listing, Listed with

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Land Loan for Downpayment

Land Loan for Downpayment on Home - HMDA? - Dan Persfull Banker Store BOL Vendor Connect BOL Career Connect BOL Learning Connect Bankers Information Network Home Compliance Lending Operations Security Marketing Technology/eBanking Top Stories Bankers' Threads Alphabet Soup -- Background Check CrimeDex Em@il Education ID Verification Record Retention MAIN CONTENT Compliance Agency Road Maps Alphabet Soup Compliance Tools FACTA/FCRA OFAC Lending Article 9 FACTA/FCRA HMDA Heaven Lending Tools SCRA Marketing Operations Check 21 Disaster Updates Disaster Recovery HR Corner IRA Season Money Matters Operations Tools Security AML/BSA Bank Robbery Counterfeits ID Fraud/Phishing Security Tools Technology/eBanking Disaster Updates Disaster Recovery Info Security SPECIAL AREAS BOL Archives BOL Blogs Briefing Archive Calendar Court Watch Disaster Issuances Em@il Education Examiner's Corner Executive Briefing Infovault Launch Pad Lessons Learned Monthly Roundup Risk Management Site Map Site Orientation Top Stories ~ ~ ~ SERVICES Background Check BOL Conferencing CrimeDex Em@il Education ID Verification Record Retention ~ ~ ~ SHOP Banker Store Bankers Info Ntwk Books Vendor Connect CONNECT Career Connect Learning Connect Vendor Connect Guru Central INTERACT Ask a Guru Bankers Threads Contact Us Give Us Feedback TOOLS 60 Second Solutions Alphabet Soup Banker Tools BOL Forms FUN Banker Humor Banker Memories BOL Recipes eCard Exchange LEARN MORE About Advertising About Our Sponsors About Us Print Friendly Version! Email This Article! Discuss NOW! Land Loan for Downpayment on Home - HMDA? by Dan Persfull, BOL Guru Guru Bios Question: HMDA Reportable question. Loan secured by land. Purpose is to provide a down payment for the purchase of a home. Do we report? Answer: No. The loan is not secured by a dwelling therefore it does not meet the definition of a home purchase loan. First published on BankersOnline.com 11/21/2005 Privacy Policy Disclaimer Recommend This Site ! Contact Us BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.