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Ask Law Educator, Esq. Your Own Question
Law Educator, Esq.
Law Educator, Esq., Lawyer
Category: Real Estate Law
Satisfied Customers: 118776
Experience:  Licensed attorney practicing landlord-tenant, land use and other real estate law and litigation.
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Are you saying they can sue is even though it was a lease with

Customer Question

Are you saying they can sue is even though it was a lease with the option to purchase and not a purchase agreement? We never received title or money for the promissory note so what did we get for $294,000? They can take the mobile homes back and require us to pay?
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Law Educator, Esq. replied 1 year ago.
Thank you for your question. I look forward to working with you to provide you the information you are seeking for educational purposes only.
A lease with an option to purchase is still a contract. So, if the seller did not comply with the terms of the option to purchase, they would still be in breach of contract and you can sue them for breach of the contract. They could try to take the homes back, but again if that is contrary to the contract terms, they would be in breach of contract for doing so.
You need to file suit against them for their breach and all of the damages you are suffering because of their actions.