Legal Question in Real Estate Law in Florida
Closing on a Mortgage before End of Lease
I am having a new home built by a developer on a special sale. The construction will be completed 3 months before the termination of my current lease. I am obligated to close on the house as soon as it is completed. My landlord is insisting that I pay the entire lease or be sued. What are my options ?
Asked on 2/20/99, 10:10 am
1 Answer from Attorneys
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: Closing on a Mortgage before End of Lease
A proper reply requires an examination of both the lease and the purchase contract. Chances are you cannot avoid the lease exposure. There are other possibilities, but all would be guesses without seeing the above documents. If you wish an appointment call me at 305-940-8080.
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
18260 NE 19 Ave
Answered on 2/24/99, 1:53 pm