Legal Question in Real Estate Law in Maryland
A written and signed agreement of sale show that the buyer take over properties starting 1/24/2008. The buyer did not pay full amount, so the building was still in my name until 3/14/2009. It state that buyer will pay 700/month until it was paid off. A new tenant and the buyer signed a Lease 2/24/2008 without my name on it. The tenant moved out July 2009. The tenant is suing buyer and me for lead paint poisoning(period 2/24/2008 - July 2009). I had insurance until 1/25/2008. The buyer did not buy insurance at all. Can tenant still make me culpable?
1 Answer from Attorneys
There are 2 issues at play here -- (1) What does the contract/lease with the buyer state about his ability to lease? (2) According to your fact pattern above, the tenant lived in your property from February 2008 through July 2009. You probably knew or should have known that the tenant was occupying the property and you had about 17 months to evict the tenant and failed to do so. I recommend that you consult a Maryland real estate litigator about the facts of your case and your options.
Best of luck.******The above is for informational purposes only and does not create an attorney-client privilege.*******