QUESTION
Can I sell my house which I am buying under a Bond for Title contract?
Asked on Mar 24th, 2013 on Landlord and Tenant Law - Nevada
More details to this question:
I am buying my home from the owner who also has a mortgage on the house. My contract says when I make my last payment of pay it off early, he has to hand me a clear deed. I want to sell the house so I can relocate to another part of the state. He says he'd rather me not sell it. There is nothing in the contract about this. We have a standard Bond for Title agreement filed at the courthouse.
1 ANSWER
To answer this question, I really need to look at the contract even though you say it is standard. In Nevada, we commonly refer to such agreements as contract for sale. I suspect that this transaction is not in Nevada.
Answered on Apr 01st, 2013 at 2:26 AM