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 Markup loan legal perspective, Need your view

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WaCKy-Angel
post Jul 21 2020, 10:29 AM

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QUOTE(mini orchard @ Jul 21 2020, 07:34 AM)
There is no law to say you must sell at market price.

All price negotiation on subsale is agreement between seller buyer.

New launch is not necessary market price.
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Its not wrong to sell higher than market price, but he said "loan markup" as in stated selling/buying price say 1.5mil in SPA & Loan, but in actual buyer only pay 1mil to seller so technically that is frauding the bank.

 

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