QUESTION

lease to purchase contract

Asked on Aug 17th, 2013 on Residential Real Estate - Colorado
More details to this question:
signed a lease to purchase contract and in the contract it states property ia as is. who is responsible for repairs
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1 ANSWER

Litigation Attorney serving Castle Rock, CO
3 Awards
The answer to your question depends upon the terms of your agreement with the seller.  At this point your are a tenant thus, one would expect the landlord to be responsible for the repairs.  However, it is not uncommon in lease-to-own contracts for the landlord to attempt to shift that responsibility to the tenant "as the new owner." You will need to carefully review your contract, attempt to negotiate with the landlord, and likely consult with an attorney regarding the specific facts and obligations of your contract. Good luck. Don Eby
Answered on Aug 17th, 2013 at 5:20 PM

Call Don at (303) 688-0944 or email at Reception@RobinsonandHenry.com This information is provided AS IS; and does not create Client Relationship.

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