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Ask Asad Rahman Your Own Question
Asad Rahman
Asad Rahman, Lawyer
Category: Real Estate Law
Satisfied Customers: 2120
Experience:  Practicing Attorney with 10 years experience
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I wanted to know if a lease purchase agreement would be

Customer Question

I wanted to know if a lease purchase agreement would be included in a home owner association's ordinance that bans lease or rent?
JA: Because real estate law varies from place to place, can you tell me what state the association is in?
Customer: Tennessee
JA: Has any paperwork been filed?
Customer: Not yet, but trying to make sure that the lease purchase agreement has the appropriate language
JA: Anything else you want the lawyer to know before I connect you?
Customer: that's it
Submitted: 6 months ago.
Category: Real Estate Law
Expert:  Asad Rahman replied 6 months ago.

Typically that would be a violation but you can approach the board for a waiver.

Customer: replied 6 months ago.
What kind of waiver would I ask for?
Expert:  Asad Rahman replied 6 months ago.

Just something in writing that allows you to go ahead with the transaction. You would say that you are intending to buy but basically it is a rent to own arrangement

Expert:  Asad Rahman replied 6 months ago.

If you have no further questions a positive rating would be greatly appreciated