June of 2016 entered a Lease to Purchase Agreement
I gave a 5 K Deposit plus 900 to cover payments until September and 100 for the inspection
at the meeting, we went over the agreement and both had areas that needed amending.
I have yet to receive this corrected.
I can not put the title in my name with the property owners as the lien holders
I was informed that I can not sell the property.
Then in February and aunt of the local owner and sister of the other owner on the title informed me she is also a owner and I am now a renter. That if my rent payment is not received by the first of each month then consider it my notice to vacate.
When it comes to taxes,repairs, insurance, damages or liabilities they are exempt and I am to assume the costs.
But how can they change this 3 years into it and now I am a renter and not owe me anything for the repairs if I have been a renter? and my 5K deposit
First, disclaimers: without reviewing the documents there is no way to give you a way out or proper legal advice.
Second, in general, a lease purchase agreement does not make you the owner. Likely, all you have is the right to purchase as at a certain price at a certain time. Often people do these agreements because they are not able to obtain financing to close at the time of the lease.
Please reach out to an attorney to review your paperwork. You need to know what your rights are and what you need to do to go forward with the purchase.
I wish you the best of luck.
This does not create an attorney/client relationship. I am licensed to practice law in Kansas and Missouri only. I only represent clients with a signed contract and who have either paid a fee or I agree to represent through the VAP project at Legal Aid of the Western District of Missouri. This is not legal advice.
As Ms. Bratcher suggested, you should meet with an attorney. You’ve got yourself into a messy situation. It’s a contract issue.
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