Lease to own rights
This is a discussion on Lease to own rights within the Landlord vs Tenant Issues forum, part of the REAL ESTATE & PROPERTY LAW category; Can the owner of the home we lease to own, try and sell the home, when the lease is up ...
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Aug 27th, 2008, 05:55 PM
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#1 |
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Junior Member
Join Date: Aug 2008
Posts: 1
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Lease to own rights
Can the owner of the home we lease to own, try and sell the home, when the lease is up on the written agreement, but on the same day also told us he would give us a extra year if we needed it. For a total of 4 years.
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Aug 27th, 2008, 06:19 PM
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#2 |
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Guest
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Re: Lease to own rights
Your agreement expired, and you got a verbal extension? Did he give a written extension? All real estate contracts MUST be in writing. Verbal sales contracts are useless. If no written extension was given, your contract was up. He is free to sell the property to someone else. Why didn't you close on the property before the contract expired? Or get a written extension of the sales agreement?
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