Legal Question in Landlord & Tenant Law in Virginia
cancel contract
I have a lease to own contract on my property. Paragraph 10 states Failure to pay rent when due, at the option of lessor shall (1) terminatethe lease, or (2) require lessee to pay a late fee. Can I terminate this lease using option 1?
Asked on 11/30/06, 2:56 pm
2 Answers from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: cancel contract
Yes, it would certainly seem so, unless there
are somehow other conditions in the lease connected with your right to exercise option 1 which first must be met.
Answered on 11/30/06, 4:51 pm
Robert Strupp
Robert J. Strupp,Attorney at Law, PLC
Re: cancel contract
Absent other facts, (1) would permit the landlord to terminate the lease upon failure of tenant to pay rent. The contract may provide notice requirements and you might want to have an attorney review the agreement.
Answered on 11/30/06, 7:18 pm