Rent-to-own tenant in TN, broke contract- we need to sell property
Posted 27 January 2013 - 06:48 AM
Yesterday, he hung up on my husband when we approached him again, then sent this text:
Tenant---- I dont have to buy it right now, nor do I have to sell it. We are under contract. you have been accepting payments of $500.00 a month on it. If you want to buy me out, Fine! I am around this everyday, I know how it works.
us----You voided and broke the contract when you stopped paying the amount agreed upon in the contract You told me, when you asked if you could pay less that you knew it broke the contract.
Tenant---- Ill talk with my lawyer, I wont be pushed around. I got a lot of money tied up in a house that was falling apart. I will not loose it.
First of all, there was nothing wrong with the house at all, except it was too small and needed a new bathtub. My issue is, though I told my husband a verbal agreement was not the way to go, we have been accepting the $500.00 for over 2 years. Can we evict? I actually need to move myself and children into this home while we prepare to sell our florida house, then list that Tennessee house, in order to be able to buy where we are relocating to.
Can someone please help me? Thanks for reading.
Posted 27 January 2013 - 09:33 AM
Seems to me, though, that you re-wrote the contract (orally anyway) to reduce the rent-to-own agreement to $500 per month. He could be right and you could be stuck with him.
Warning: Legal issues are complicated. Explanations and comments here are simplified and might not fully explain the ramifications of your particular issue. I am not a lawyer. I do not give legal advice. I make comments based on my knowledge and experience. I guarantee nothing. If you act on my comments without the advice of an attorney, you do so at your own risk.
Posted 29 January 2013 - 02:57 PM
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