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03. Change of Ownership - Ownership doesn't have enough funds - Video 00:02
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Property Tree: 03. Change of Ownership - Ownership doesn't have enough funds - Video
Course 3 of 6 in Property Tree: Change of Ownership
Learn what to do if the Ownership don't have enough funds when running a Change of Ownership
In this video we will explain the process required when running a Change of Ownership if the Ownership doesn't have enough funds. What to do and what journals need to be created for the old ownership once there are enough funds.
At the end of this video, you will be able to:
- Check if the Ownership has enough fund and hold those funds prior to settlement if possible
- Run the Change of Ownership Process
- Receipt funds once received and do the journals for the Change of Ownership