How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask JBaxLaw Your Own Question

JBaxLaw
JBaxLaw, Lawyer
Category: Real Estate Law
Satisfied Customers: 11319
Experience:  Experienced Real Estate Attorney! How may I help you?
16110456
Type Your Real Estate Law Question Here...
JBaxLaw is online now
A new question is answered every 9 seconds

how can I write up something legal to rent to own contract

Resolved Question:

how can I write up something legal to rent to own contract for someone. I want to sell my home to some friends of ours and let them take full responsible for the land, but I want to protect my interest until it is paiid off. I have set an amount (low for them) for $30,000 and they will pay $250.00 a month for 10 years. Can this be done with just a notary?


Sherry Nicholas
Submitted: 5 years ago.
Category: Real Estate Law
Expert:  JBaxLaw replied 5 years ago.

What state is this occurring in?

 

Thank you

Customer: replied 5 years ago.
West Virginia
Expert:  JBaxLaw replied 5 years ago.
It is always advisable to seek the assistance of an attorney to draft such a document. If you prefer not to do so, you are permitted to create such a document yourself. You may have it notarized as well. Rather than attempting to write your own lease purchase agreement, you may want to purchase one of the many available on line. These documents will allow you to fill in the essential terms such as price and payment period.

Thank you




Please click on the ACCEPT button for my answer so that I receive credit for assisting you. You may continue to ask follow-up questions after accepting. If the information is helpful, I would very much appreciate positive feedback. Bonuses are also appreciated. The responses do not create an attorney-client relationship and are informational only
JBaxLaw, Lawyer
Category: Real Estate Law
Satisfied Customers: 11319
Experience: Experienced Real Estate Attorney! How may I help you?
JBaxLaw and 8 other Real Estate Law Specialists are ready to help you
Customer: replied 5 years ago.

IT HELPED ME SOME, I AM STILL NOT SURE OF HOW TO DO THIS, WHETHER TO TYPE UP A DEED FOR THE PROPERTY, OR NOT MAKE A DEED UNTIL THE HOUSE IS PAID FOR. I KNOW THE BANKS GIVE YOU A DEED, BUT YOU STILL MAKE PAYMENTS UNTIL THE PLACE IS PAID FOR. I WENT ON ESTATE PURCHASE AND DOWN LOADED SOME PAPERS, I DON'T KNOW IF IT IS GOING TO HELP, I THINK I AM SPENDING MONEY FOR NOTHING. BUT THANKS ANYWAY.

 

SHERRY

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
< Last | Next >
  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
  • My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer. Eric Redwood City, CA
  • I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight. Michael Wichita, KS
  • PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent. Three H. Houston, TX
  • Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!! Elaine Atlanta, GA
  • It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem. Tony Apopka, FL
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
 
 
 

Meet The Experts:

 
 
 
  • Tina

    Lawyer

    Satisfied Customers:

    4813
    16 years of legal experience including real estate law.
< Last | Next >
  • http://ww2.justanswer.com/uploads/MU/multistatelaw/2011-11-27_173951_Tinaglamourshotworkglow102011.64x64.jpg Tina's Avatar

    Tina

    Lawyer

    Satisfied Customers:

    4813
    16 years of legal experience including real estate law.
  • http://ww2.justanswer.com/uploads/LA/lawpro/2012-6-25_171315_PT206740s.64x64.jpg Law Pro's Avatar

    Law Pro

    Lawyer

    Satisfied Customers:

    6227
    20 years extensive experience in real estate law, foreclosure, finance, and landlord tenant law.
  • http://ww2.justanswer.com/uploads/BA/barristerinky/2012-6-10_22423_office.64x64.jpg Barrister's Avatar

    Barrister

    Lawyer

    Satisfied Customers:

    4966
    13 years real estate, Realtor. Landlord 24+ years
  • http://ww2.justanswer.com/uploads/LA/LawTalk/2012-6-6_17379_LawTalk.64x64.JPG LawTalk's Avatar

    LawTalk

    Attorney

    Satisfied Customers:

    4446
    I've more than 27 years legal experience. Additionally, in CA I held a Real Estate Broker's license.
  • http://ww2.justanswer.com/uploads/RA/rayanswers/2012-6-7_23346_Untitled1.64x64.jpg Ray's Avatar

    Ray

    Lawyer

    Satisfied Customers:

    4030
    Texas Attorney for 29 years dealing in real estate
  • http://ww2.justanswer.com/uploads/PH/philip.simmons/2012-6-7_161915_BIGPhilipSimmons.64x64.jpg P. Simmons's Avatar

    P. Simmons

    Lawyer

    Satisfied Customers:

    2377
    12+ yrs. of experience including real estate law.
  • http://ww2.justanswer.com/uploads/mnphillips2/2009-03-13_203105_10984459-249293407.jpeg Phillips Esq.'s Avatar

    Phillips Esq.

    Attorney-at-Law

    Satisfied Customers:

    2355
    B.A.; M.B.A.; J.D.
 
 
 

Related Real Estate Law Questions

Chat Now With A Real Estate Lawyer
JBaxLaw
JBaxLaw
Attorney
4201 Satisfied Customers
Experienced Real Estate Attorney! How may I help you?