Registering an apartment under a friend's name to transfer it back later | Interest on loans | Ask the Rabbi - SHEILOT.COM

Registering an apartment under a friend's name to transfer it back later

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Question

Shalom,

A person bought an apartment and registered it in his friend's name, with the intention that over time the friend will transfer the apartment back into his name. Is there any issue of ribit (interest) in this?

Answer

Shalom u-vracha,

No, there is no issue of ribit.

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