Legal Question in Real Estate Law in Indiana
Cancelling a lease to purchase agreement
I am the seller. I had a couple sign a lease to purchase agreement but they have yet to pay the rent on time. I have reminded them several times when the rent is due. Can I cancel this agreement?
Asked on 6/14/07, 8:48 am
1 Answer from Attorneys
Mark Voigtmann
Baker & Daniels
Re: Cancelling a lease to purchase agreement
If no rent has ever been paid, you can almost certainly evict them. If considerable money has been paid toward the purchase of a home in the form of lease payments, there may be a different answer.
Answered on 6/14/07, 9:42 am