More details to this question:
1. Since the contract begins with my dad and I; but I dad passed away¿Can I do some changes to the contract? 2. Do I have to fix the house with my own money? 3. The sellers demand me to fix the pool because they want me to do so and also it would make the house more valuable to sell in future¿Do I have to fulfill this demand and is it my responsibility to fix the pool? 4. My monthly payment contains (Monthly payment with interest, the house's taxes, and the house's insurance). Since my dad and I already signed the contract without realizing how this whole thing work¿What can I do to fix this whole thing? 5. The lease is for 30 years and I have to live there for 15 years before I can pay it off and make it mine. Can I sell the lease for other investors before the 15 years? ***Please help me and let me know what I can do to avoid this whole thing¿Thank you so much.
1 ANSWER
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
Partner at
Tischhauser Law Group
2 Awards
There is no "rent to own" law as far as I am aware. What you described is simply a contract for purchase of the house combined with a lease. If you wish to address the issues you described you wil probably have to hire an attorney to help you with this, most likely at an hourly rate with a retainer. If you have specific questions, you can call us at 1-800-922-6442 for a FREE consultation.
Answered on Dec 30th, 2013 at 3:28 PM
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