Real Estate Law
Have Real Estate Law Questions? Ask a Real Estate Lawyer.
Good evening. I am Loren, a Florida licensed attorney, and I look forward to assisting you.
I am not clear what you mean about model homes and mandatory lease back. Could you explain?
I know what the word "mandatory" means, but that is not necessarily true unless there is an obligation in the purchase agreement to lease it back. Otherwise, it is your home to lease or not lease, as you see fit.
If they refuse to close because you are not required to lease it back then they are in breach and you can sue.
If you have no further questions, and have not yet done so, please remember to leave a favorable rating (click 5 stars in the rating section on this page). It is the only way that I am credited by JustAnswer for assisting you.
There is no additional charge to you for rating me favorably.
A bonus is not expected, but is always appreciated.