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In the home lease to purchase option, can the leasor decide not to sell after you sign the option to buy?

If we make improvements in the house during a lease to own can the leasor decide not to sell it to us and keep those improvements for himself?

Public Comments

  1. He can't back up if he signed the contract....
  2. I would say not if he has signed a contract. They are for both sides. This time, it should protect you. I for some reason, he can get away with not selling, I would make sure one way or another that you get your money back for the improvements you've done.
  3. It depends on the terms of the contract and whether or not the contract addresses what would happen regarding imporvements if the leasor decided not to sale? If this is not explicitly defined in the contract then you can take the leasor to court and either compel the sale of the property or gain reimburstment for the improvements for the home equal to the labor and materials.
  4. Those details are covered in your contract. You need to read it carefully. If you do not understand it, seek legal advice.
  5. The answer depends on what's written in your lease purchase contract. If you simply have an option to buy it at the end of a certain period then it would seem logical the seller would have the option to not sell too. Your option agreement will dictate who gets to do what and when.
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