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In the title of Lin's registed of purchased Property which value AUDa60,000, It includes Lee's father and Mother, Gmm, paid AUDC00,000, the rest of amount will be paid by mortage with Lin. The time of paid stamp duty on the purchased day will be AUDv5, the other cost will be AUD z9. Therefore, the amount of AUD 3 will be paid by lin and Lin's parents on 50% each. The three party will be this property owner, and entitle to have interest on it.
The 3 party has to be further confirmed:
Lin must not utilize this property to refinance
Lee and Gmm have unlimited residency on this property
If the price of home goes up, the shared value of property belonged to Lee and Gmm can be relatively increased by percentage. if the price rise to AUD d30,000, Lee and Gmm who hold the shared value will relatively increase to AUD h00,000. If the price of home decrease, Lin should make sure the original fund AUD C00,000 which belong to Lee and Gmm should not be impaired.