Watch out for lease purchase agreements (Bradenton Herald)

Story date: 2008-11-24 06:55:37
Added on: 2008-11-24 19:29:52

We have warned Realtors for years about structuring a sale as a lease purchase where the buyer must purchase the property after a series of monthly payments. Our concern has been that the courts know what a lease option is and what an agreement for deed is, but they have difficulty dealing with the concept of lease purchase. The fear has been that a seller who expects to be able to quickly evict ...


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