Legal Question in Real Estate Law in Illinois
Home lease with option to buy
My lease expires Sept 1, 2008 and now the person who owns the house doesn't want to sell it to me. What can they do? What can I do?
Asked on 11/06/07, 10:29 pm
2 Answers from Attorneys
Charles Dobra
Charles Wm. Dobra, Ltd.
Re: Home lease with option to buy
Hopefully, the option to purchase is in writing, or alluded to in the lease. In any event, you need to speak to a real estate lawyer, hopefully a member of IRELA (Illinois Real Estate Lawyers Association), as soon as possible. Good Luck!
Answered on 11/08/07, 1:06 pm
Nicholas Chrisos
Nicholas G. Chrisos Attorney at Law
Re: Home lease with option to buy
Dear Sir,
First of all, let me apologize for the delay in answering you. Without looking at the actual document, it's impossible to know what your rights are. I suggest you consult an attorney and allow him/her to see the Lease Option in question.
Answered on 11/27/07, 3:18 pm