What Should We Do? About To Sign A Lease That Allows The Landlord To Sell The House While We Still Rent?
We really like this house and the landlords are super strict (like 26 pg. contract) We noticed in the contract that we have to give access to the landlords realtor and clients to show, whether we are home or not. We are uncomfortable with that. We want to rent the home for like 2 yrs. on a lease. Then we would really love to buy it. They want to sell now but market value isn’t what they want. So I thought it would suit us both, except the part of the contract that says that they will be showing it. I don’t mind leasing but I want to be here for awhile and eventually own it. I have a bad feeling about leasing it and them selling it, we would have to move again. We explained to them that we have two kids and want to stay here, raise our family. Also, it says that if a natural or unexpected disaster were to happen, we would be responsible for repairs. Isn’t that what homeowners insurance is for? Why us? Also they are not allowing us to park our rv in the driveway. Are they allowed to tell us what property we are allowed to have there? Please help us before we sign this! Any suggestions are appreciated!
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5 Comments to What Should We Do? About To Sign A Lease That Allows The Landlord To Sell The House While We Still Rent?
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It might get a little expensive, but I would take your contract to a lawyer who can help you interpret it. It doesn’t sound like the whole contract is entirely legal, and you should know your rights. I would not sign as is.
It is very common for owners to lease property that is for sale. If you are looking for a long term residence I would hesitate to sign a lease that is short term. If a natural disaster occurs, the owners home owners policy should take care of it, not you. I would highly recommend taking your lease to an attorney prior to signing it. The owners of the property can tell you what is and is not allowed on their property.
Either a layer or real estate broker/agent friend that can give you good advice on how to phrase your contract properly. Good luck.
This is PUNK TERRITORY……So no You aren’t allowed here anymore…
hey! PUNK ROCK has taken over this section… so get out!