Landlord Question and Answer Forum
I have a new tenant that has signed a 6 mos lease. He is interested in buying the property and I am interested in selling. He wants a month to get settled and evaluate the place and I want to limit the time frame that I allow him the option at the stated price. I only found docs that offer a purchase at the end of the lease. He would like, and I am willing, to be able to purchase it before the end of the lease and wants language that states such. In addition we would like language for WA state that says the Buyer pays the buyers costs and the Seller pays the sellers costs - in legal, mumbo jumbo type terms. I couldn't find this as an option to add to my EZ Landlord lease package. Any suggestions?
Thanks
Gary
Gary O, WA on Thursday, April 4, 2013
RE: Lease with option to buy
For this type of situation you may want to get an attorney, or have the "buyer" get an attorney. Renting and selling are different things and you really do not want to be liable for anything that could fall through the cracks legally. An attorney is most likely less money then the real estate fees you would pay to a realtor.
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