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How do i word in a lease w/ option to purchase that i still get 1st option if seller dies?

we have a year to exercise our option to purchase and we want to cover all grounds to ensure that we get 1st option to buy

Public Comments

  1. A lease option is like any other lease. The contract would stay in force whether or not he died or even sold the property prior to the end of the contract term, and the new owner would have to honor it. Thus you don't need to add a clause!
  2. You could pop a clause into the contract or have your attorney draw up the contract but that doesn't sound exactly legal. 1) talk to the sellers - they probably have the house willed to a child or something. 2) ask your atty if it's legal to say that.
  3. If the owner dies, then the owners estate owns the property, and your contract is not with his/her estate. Contact a real estate attorney to cover your bases.
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