Legal Question in Real Estate Law in Oklahoma

Is it Blind Greed or A Real Possibility

We signed a sellers agreement as the buyers of a mobile home located on our land. We paid the equity and agreed to keep payments and insurance current. The seller relinquished all rights to the home. However, the unpaid note is still in the sellers name. After verbal agreement with all parties, we have put the land and the house up for sale. The land is worth more than the mobile home and the seller is beginning to indicate that she is entitled to more than the balance of the note on the. We are afraid she may find a way to take more. Does she have any rights to more than the balance of the note?

I am sorry if this is in the wrong category. I really wasn't sure where to list it.


Asked on 1/08/03, 3:39 am

1 Answer from Attorneys
Hunt John Urgentlegalcare.com

Re: Is it Blind Greed or A Real Possibility

Thank you for your question. I cannot see any theory of law by which the seller can claim more than what she contracted for. I hope you have it in writing. These things can get complicated. If you have the title to the mobile home, you are in good shape. If not the seller may try to hold it hostage. If you sell the land and home together and pay off the note a court could compel the seller to deliver the title.

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Answered on 1/08/03, 2:54 pm


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