Hello, I'm asking for a legal advice on this matter.
Party 1 is the land owner. Party 2 is son in law of Party 1 which is the owner of the house. Party 3 is the investor.
Party 3 and Party 2 agree to put a small banana packing plant in the area of Party 1. Party 2 together with his wife ask a permission to Party 1 to put that said packing plant with 1 peso insintive per box. Party 1 and Party 2 agree. This conversation is done without legal documents involve. Just plain talking and agreeing in good faith. Even the packing plant has no building permit at all.
Fast forward....
If the Party 2 and Party 3 vacate the area to make another packaging plant with big area and this time no insintive for Party 1, who has now the right of small packing plant? Do Party 3 has the right to demolish it because of business conflict in the future?
Hoping for an advice.
Thanks.
+++++
Party 1 is the land owner. Party 2 is son in law of Party 1 which is the owner of the house. Party 3 is the investor.
Party 3 and Party 2 agree to put a small banana packing plant in the area of Party 1. Party 2 together with his wife ask a permission to Party 1 to put that said packing plant with 1 peso insintive per box. Party 1 and Party 2 agree. This conversation is done without legal documents involve. Just plain talking and agreeing in good faith. Even the packing plant has no building permit at all.
Fast forward....
If the Party 2 and Party 3 vacate the area to make another packaging plant with big area and this time no insintive for Party 1, who has now the right of small packing plant? Do Party 3 has the right to demolish it because of business conflict in the future?
Hoping for an advice.
Thanks.
+++++