Legal Question in Real Estate Law in Oregon
Have an owner carry real estate contract. Contract says no major renovations will be made without written permission. Buyer has basically gutted the house. Do we have recourse?
Asked on 2/09/14, 11:42 am
1 Answer from Attorneys
Daniel Meek
Daniel W. Meek
Yes, a breach of contract lawsuit. Your contract probably says that, upon breach of buyer, all payments are immediately due to seller. If buyer does not immediately pay, that will be a further breach of contract. Remedy for breach could be judgment against buyer for immediate full payment.
Answered on 2/09/14, 4:26 pm