Legal Question in Real Estate Law in Missouri
I have a Lease Option to Buy contract on some acreage. They made a down payment and were given 8 monthly payments, then close. It seems they are not going to make good on their end. I have a notarized contract. If they don't make good on their end, will a letter to inform them the contract is void be sufficient?
They are threatening legal action.
1 Answer from Attorneys
Your posting is confusing. It isn't clear if you're the buyer or seller. It also isn't clear what the breach was. You should consult directly with a civil or real estate attorney, in your area, to determine liability. You could try reposting first. But, only do so with a clearer description of the facts, and your question. Without reading the relevant documents, it may be impossible to give you thorough advice.
Good luck
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