Legal Question in Real Estate Law in Utah

Lease Option Default

I own a house that I leased with an option to purchase. The lessee has sub-leased or rented the property. The lessee (that I signed a contract with) hasn't paid this month and is in default. The contract says that I can provide written notice of default (which I wrote up and faxed to them) and that they have 5 days to cure such default or I can terminate all rights of the lessee. My questions are:

1. Was I required to use a specific form for declaring default?

2. Was faxing the letter of default legal written notice? (the contract just says ''providing written notice in a manner required by law'')

3. If everything I've done was legal and appropriate, and they haven't paid me within those 5 days, what is my next step? Can I go to the current tenant and arrange an agreement with him/her to stay in the property if they would like and just have them start paying me?


Asked on 9/18/07, 4:50 pm

1 Answer from Attorneys
Alvin Lundgren Alvin R. Lundgren, L.C.

Re: Lease Option Default

http://utcourts.gov/howto/landlord/

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Answered on 9/18/07, 5:05 pm


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