As suspected family mates rates are expected. At this point perhaps firmly remind the attorney that you all have to work together for the benefit of the donor who trusted that you would carry that task with due diligence and her financial protection.Update:
I took everyone’s advice, asked an estate agent for rental price and suggested getting a solicitor to help set up tenancy agreement.
attorney is kicking off, accusing me of being unreasonable in insisting we should get the tenancy agreement set up by a solicitor. Also says he was hoping for a family discount rate which he would supplement himself. So I am in the doghouse!!
He wants to help out his son. Fair enough, but now I am worrying that I am being unfair. Are we allowed to rent out at a discounted rate? I can’t seem to find an answer.
If an attorney sells a property to a family member to protect the donor I believe that the sale has to be referred to the OPG and a trustee appointed in their place to represent the donor and their interest so that their is no conflict of interest. I wonder if that would be the same and apply for said attorney for renting situation?
Stand firm if it were me there is a morally right way and a wrong way of doing things!