Based on the prior email From the landlord, it sounds like you have a right to purchase the property from the Agreed price less a credit for the amount of rents previously paid. Alternatively, you would have a right to recover damages, if the agreed purchase price less the rent credits was less than the value of the property at that time. A claim for damages would be your only remedy, if the property has been sold to an innocent third-party without knowledge of the agreement between you and your landlord.
Answered on Jul 18th, 2013 at 7:41 AM