Legal Question in Real Estate Law in California
optioning to exercise option on lease option; lessor reneging on contract
Do I need a special form or letter to
exercise my option to buy my home at
the end of my lease option contract?
Also, the lessor is attempting to renege
on the contract based on petty
argument; do you have california case
law sources that i can research?
Thank you in advance,
1 Answer from Attorneys
Re: optioning to exercise option on lease option; lessor reneging on contract
The lease option agreement should include how and when you can exercise your option. If you do not follow the contract exactly you may lose your option rights. You can also lose your rights if you breach the lease in any way. Late payment of rent or any required reimbursment or payment of utilities. You may be facing an eviction at the end of the lease which will move very rapidly. Specific performance of options can not be litigated in the unlawful detainer court and must be brought as a seperate action in the superior court where you can ask for a stay on the eviction.
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