Legal Question in Real Estate Law in Pennsylvania
Rent to Own
I currently have a mortgage on a condo that I would like to sell but my agent has a client interested in rent to own. If I decide to do the rent to own what financial obligations would I have and what would the renter be liable for?
3 Answers from Attorneys
Re: Rent to Own
This is a contract driven transaction...the better the contract, the better your protection.
I can assist you (at a reasonable price) to "get this deal under seal". A good written contract can be completed by my office in 24 hours.
Michael A. Berman, Esq.
Re: Rent to Own
These scenarios are largely governed by the terms in the contract. It is very possible to specificy what items you do and not wish to be responsible for, and what terms you would like should they choose to exercise the option to purchase.
You should protect yourself from any unexpected or unnecesary obligations. Feel free to contact me for a free initial consultation.
Re: Rent to Own
These scenarios are largely governed by the terms in the contract. It is very possible to specificy what items you do and not wish to be responsible for, and what terms you would like should they choose to exercise the option to purchase.
You should protect yourself from any unexpected or unnecesary obligations. Feel free to contact me for a free initial consultation.
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
