VIC Is it legal for an individual to own a property when that property is funded by an investor according to the investment agreement?

Australia's #1 for Law
Join 150,000 Australians every month. Ask a question, respond to a question and better understand the law today!
FREE - Join Now

ksivasub

Active Member
6 September 2023
13
0
31
I noticed that an individual recently purchased a property and this property is managed by a real estate agent. Interestingly, this real estate agent had originally signed an investment agreement several months ago to invest my money in that same property.

Is it legal for an individual to purchase a property that is funded by an investor like me through a real estate agent?

If it is not legal, does this constitute a criminal act under the law?

What can I do to take action in this situation? And with whom can I take action?"