Hi,

Need to have some advise from u all....

Let's say Mr. A & Mr. B have share property & now they decided to sell off the property. So once the buyer have get bank loan approval then Mr. A & Mr. B should get the money from bank.

The queries here is when bank release money to them, who account should debit? they need to have join bank account, or only debit to the account for one of them or they can tell bank that should debit money to which name?

In most case, the amount are split to half. 50% to both. i.e 2 cheques
Or they can actually instruct the lawyer to issued the full amount to either 1 party (ofcos they need to sign some declaration letter)