Legal Question in Real Estate Law in Florida
Agreement-For-Deed
I am considering selling one of my homes using this method. I am getting 20K down. There is no mortgage. Can I construct a superseding lease to accompany the Agreement for deed that allows for eviction for non-payment instead of foreclosure? I am only considering this type of sale for an individual known to me, not to just anybody off the street.
Asked on 2/04/08, 7:04 pm
1 Answer from Attorneys
Robert Roemer
Robert Roemer
Re: Agreement-For-Deed
no-the substance is a sale- but the transaction can be structured to protect you. If you need assistance send me an e-mail with your phone number.
Answered on 2/04/08, 7:58 pm