Legal Question in Real Estate Law in Pennsylvania
I had a renter that signed a rental contract about a yr. ago with the option to buy at a later date. The renter refused to pay the last months rent so we filed a complaint in court for one mo. in lost rent or for $1,000. After we filed the claim, the defendent filed a claim against us stating that a disclosure statement was never provided to her and she filed it for $5,000.
Just some extra background on the situation is the renter who was trying to purchase the property had 6 months to purchase the property but was unable to due to her poor credit score. So, we offered her a two month extension to buy the property which she exceeded so we allowed her additional time to try to purchase the property without placing the house on the market. Is the potential buyer legally able to file a claim against us for not providing a disclosure statement even though she never purchased the house and we didn't go to settlement? Also, what is the difference between an agreement of sale and an agreement of transfer? We did sign a contract of sale with the lendor but an agreement of transfer was not signed. An agreement of transfer is signed to transfer the deed from the seller to the buyer. Is that correct? Thank you.
1 Answer from Attorneys
So where's your lawyer? You know the one who drafted the agreement. The person who was to let you know exactly what you were agreeing to?
Without seeing the document no lawyer is going to be able to tell you where you stand.
Now what. You need to take it to a lawyer and find out what needs to be done.
If you have any questions feel free to contact me. The initial consultation is free.
{John}