QUESTION
Is a Land Contract valid if it was signed by only one of the owners without the other owners knowledge?
Asked on Sep 29th, 2020 on Contracts - Tennessee
More details to this question:
I'm buying a house, rent to own. I've filed the contract with the register of deeds. I dealt with the male. He and the Co-owner have split up, not married. He has since married another. The girlfriend now wants her share of the down payment and rent. I just want to make sure I'm going to be able to buy the house at the end of the contract.
1 ANSWER
No, absent facts beyond what you've stated in your quetion, one owner cannot sell real property out from under another owner. However, if the non-signing owner refuses to go along ith the contract, you might have a dlaim for damages against the signing owner.
Answered on Sep 29th, 2020 at 2:03 PM