Legal Question in Real Estate Law in Virginia
contract question
I have a option to purchase and a
lease agreement with a prospective
lessee. Both were signed two weeks
ago and now the leasee has not
given me the money stated in the
contracts. What are my options?
Can I get out if I want? Can I stay if
I get the money soon? What if I get
the money in two days? Thanks!
Asked on 6/17/07, 4:18 pm
1 Answer from Attorneys
Robert Strupp
Robert J. Strupp,Attorney at Law, PLC
Re: contract question
I'm confused by your question. You refer to the other party as the "prospective lessee
". That would seem to make you the lessor (landlord). Yet, you ask if you can "stay". Are you the landlord, the tenant, or maybe a subtenant? You may want to invest a little time and money and run this all by an attorney.
Answered on 6/18/07, 11:00 am