Man does cousin a favor by moving into his mid-renovated apartment, agreeing to pay back his leftover renovation loan of $30k, until many hidden property defects start to resurface: 'I don't believe it is fair for me to continue paying off his debt'

There's no such thing as a flawless, problem-free property. There will always eventually be aspects of a home that require a homeowner's or rentor's attention…But how many property problems are too many property problems? And if your name's not the one signed across the bottom line, should any of the problems truly be yours to solve? Well, this is the back-and-forth debate between these two cousins…Their shared grandmother owns a little "granny flat" in which this older cousin was living previously. During that time, he decided to spruce up the place and renovate it! But with sprucing comes high costs…meaning he was forced to take out a loan of $100 cover it! 

Although by the time the other younger cousin was set to move in, there was still $30k remaining in debt. He agreed to cover the payment for his older cousin, and all was smooth sailing…That was until this new 'resident' started to discover endless defects rising to the surface, that would take a lot more than $30k to fix…So, going back on their verbal agreement, he tells his older cousin, as the one who started the renovations, he should be the one to financially finish it!

Author image for Emma Saven Emma Saven
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