• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Lease Purchase Agreement

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.



in florida we are under a one year lease/purchase option agreement, expiring on 8/1/01. due to an employment situation we fell behind in the lease payments. we made arrangements with the owner to make payments until we were caught up and he agreed to the payment plan and cashed all payments. we are now caught up and current. we had arranged a mortgage for the original purchase price and we were set to close. he became very upset with us for arranging a mortgage at the original price and now states that he will only sell us the property if we agree to pay him $20,000 more. he states that this is due to our defaulting on the lease, yet he insists that we continue to make lease payments according to that same lease agreement.

is there any way we can force him to adhere to the original agreement?

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential