Legal Question in Real Estate Law in New York

This is not such a good idea and it may not be enforceable in a practical sense unless you are holding the mortgage.

The basic answer is yes. However, if after 2 years the person does not want to refinance, how are you going to enforce the contract?

Mike.

The above two attorneys are correct. You are basically agreeing to a contract that you will agree to a contract. We can probably help stregnthen the enforcability of the contract. We have substantial experience handling these types of cases, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.

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