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Recent real estate law questions

I have leased a restaurant years and have 2 years left on

I have leased a restaurant for 32 years and have 2 years left on the lease. My landlords have packaged up several (8) commercial spaces including mine and put it on the market. At my expense I had the building appraised and offered a full appraisal offer which was denied because they wanted to sell all of the properties together. The property went under contract last week. I have "Right of first refusal" written into my lease but cannot and do not want to but the whole package just my building. What is my legal recourse and what do you think my chances are in court?

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

 
44,836 satisfied customers
We leased our home in Ga, which was supposed to be a lease

we leased our home in Ga, which was supposed to be a lease option to buy within 6 to 8 months when the lessee sold their commercial business.We now live in Fl and the lessee is refusing to buy and wants to continue to lease the home to pay it off.We want the home out of our name as we are retired and don't need the burden of the bookwork involvedWhat happens if we terminate the lease? What is involved in the sueing ?

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legalgems

Juris Doctorate

 
12,296 satisfied customers
I am located in the state of wa. I have a person interested

I am located in the state of wa.I have a person interested in buying 5.88 acresof property that I have for sale.I would like to finance it my self but not sure of the process.I have read that one can go to a title company and they do paper workfor a nominal fee.Also is there a way to determine interest on a loan for raw land.

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Christopher B, Esq.

Attorney

Juris Doctor

 
4,782 satisfied customers
We bought a home on private contract we paid payments

hello we bought a home on private contract we paid payments the first three years and ws supposed to pay a final ballon payment the next or get refinanced but were unable to so he extended the contract another year and we still could not get it refinanced this year so he told us he would extend it one more year but no longer or we will lose the house is that rightJA: OK. The Real Estate Lawyer will need to help you with this. Have you consulted a lawyer yet?Customer: noJA: Please tell me everything you can about this issue so the Real Estate Lawyer can help you best. Is there anything else the Real Estate Lawyer should be aware of?Customer: we have made improvements on the house and have never missed a paymentJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Real Estate Lawyer about your situation and then connect you two.

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Irwin Law

Juris Doctor JD

 
8,076 satisfied customers
I have a home that is completely furnish, I will have the house

I have a home that is completely furnish, I will have the house rent/lease purchase to buy agreement. I agreed to sell the home for $100K, @ 7% for 180 months, For $1000. monthly, 87%, would go toward the principle and the Interest. the leaser, will put $3000,. down as the first, last and security deposit. I would pay the Taxes, Homeowners & Flood insurance through out the 180 months. After the 180 months they will pay all closing cost to have the house converted into their name and the house would be theirs. They may refinance at any time after the first year. The home is completely paid for.What is the best way to complete the deal.How do I protect the leaser and the lessee,

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LawTalk

Attorney at Law

Juris Doctor

 
31,072 satisfied customers
When selling a house as a lease option, is the option fee,

When selling a house as a lease option, is the option fee, or any portion of it, Required to be applied toward the purchase price of the property or a down payment towards the property when opening escrow? Is it Required for the option fee to be considered and treated as a deposit or down payment on the property?If it is required, where can I find the actual law or regulation that says so and does this then somehow give the buyers equitable rights or any form of ownership during their lease term before they exercise the option to purchase?

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KJL LAW

Juris Doctorate

 
728 satisfied customers
We started purchasing a home in Tennessee a year ago by doing

We started purchasing a home in Tennessee a year ago by doing a lease option. We gave the owners $20,000 at closing and agreed that $250 of our lease would go towards the purchase price. The owners have filed Chapter 7, listing this property as "Home" and telling the bankruptcy court that they are not together and one of them resides at the property.What happens to my $20,000?Can the mortgage company take possession of the property when they find out?Can the mortgage company find out?The owners lied on their bankruptcy affidavit and filing.What happens when the trustee finds out?Should I vacate before the mortgage company or trustee takes the house?The mortgage company won't discuss with me because the owners are in bankruptcy.

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Roger

Litigation Attorney

Doctoral Degree

 
32,850 satisfied customers
I did a Rent to own contract on behalf of my 67 year old

Hi, I did a Rent to own contract on behalf of my 67 year old brother with power of attorney in new mexico through a tittle company, he is in Colorado, the property is in new mexico, the buyers can never be reached pay late and failed to abide by the contract that is already breached. do we have to file a complain through the courts or do they become tenants?

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Attorney 1

Managing Attorney

 
3,356 satisfied customers
My house is near foreclosure. My mortgage company has set

My house is near foreclosure. My mortgage company has set up an unrealistic monthly payment plan for me to manage with an even worse long term plan Do I have any other options?

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LawTalk

Attorney at Law

Juris Doctor

 
31,072 satisfied customers
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