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Certificate of Ownership
Post 1 of 2
Rob at Ptolemy
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Overall Ranking MVP:73 Rank:62,482

Hello,

I am in the process of completing the due diligence of a firm with the prospect of purchasing their raw material. Thus far everything checks out as a legal, registered firm. They also possess the trapings of a "real business, such as a physical location, land line telephone, fax, etc. However, one red flag is their request taht I agree to pay for half of a "Certificate of Ownership rior to consumating a transaction, which I will not do.

My question, is, has anyone heard of such a thing?

Regards,

R. Phillips

 

 

Award 10 MVPs ( What's this? )for the best answer.
21 Apr 2009 12:56
Post 2 of 2
Forget them.
A real Seller will ask you no money for stupid things.
22 Apr 2009 10:17
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