- 50 - certificate of Liu Hsiu Chen dated November 21, 2006, signed by Ms. Chen. Petitioner, through contradictory testimony and evidence, has represented his ownership interest in the Rivercliff property to be: (1) Outright joint ownership with his wife, Kumiko; (2) outright ownership of only the original farm dwelling and barn; (3) 50-50 ownership with his purported employer; or (4) ownership by his purported employer with petitioner able to work into an equity position for services rendered. In spite of all of the contradictory representations, petitioner held legal title to the Rivercliff property jointly with Kumiko Talmage until August 20, 2001, when she deeded her ownership interest to petitioner. Petitioner held sole legal title until June 30, 2005, when he transferred title to RFI. Moreover, petitioner continuously resided in and used the Rivercliff property as his primary residence from 1999 through the date of trial. Petitioner’s testimony relating to the payments by his purported employer to Kumiko Talmage arising from the divorce is inconsistent and implausible. Petitioner categorized the payments variously as: (1) Advances due to friendship; (2) obligations assumed by his employer and therefore no longer his; (3) payments by NCPL to acquire Kumiko Talmage’s 50-percent ownership interest in the Rivercliff property (despite the fact that Kumiko Talmage transferred her interest in the Rivercliff property to petitionerPage: Previous 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 NextLast modified: March 27, 2008