I partnered with others to open a rest house, and I stipulated that they sell their shares to me after a certain period
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Question:
He has another question. He says: Honorable Shaykh, I have a piece of land that is my property. I agreed with five of my colleagues that we would pay a sum of money to turn this land into a rest house that we would rent out. I stipulated to them that after ten years, each of these five must sell his share to me. Is this also permissible?
Answer:
First, the rest house, my brother, and renting out rest houses is a matter of concern because of the harms and evils that occur in them, which are not hidden. So leaving this business and seeking sustenance in something else is better. As for your stipulation that if any of them wants to sell, he must sell to you, this is an invalid condition, because it has become their property and they can dispose of it however they wish. Yes.
He has another question. He says: Honorable Shaykh, I have a piece of land that is my property. I agreed with five of my colleagues that we would pay a sum of money to turn this land into a rest house that we would rent out. I stipulated to them that after ten years, each of these five must sell his share to me. Is this also permissible?
Answer:
First, the rest house, my brother, and renting out rest houses is a matter of concern because of the harms and evils that occur in them, which are not hidden. So leaving this business and seeking sustenance in something else is better. As for your stipulation that if any of them wants to sell, he must sell to you, this is an invalid condition, because it has become their property and they can dispose of it however they wish. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 7610- اشتركت مع آخرين في فتح استراحة، واشترطت عليهم بيع حصصهم لي بعد مدة - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.
