Updated over 6 years ago on . Most recent reply
Lease option and renter trying to back out
I’m needing some advice please. We have a house that we did a lease option to purchase almost 2 years ago and the contract expires in two months. The renter is trying to back out. He is stating he needs a “newer home” and can’t get “financing”. We had him sign a contract that specifically states he will “forfeit the non refundable option to purchase” if he does not purchase the property. Now he is asking for it back...any suggestions? Thank you in advance!!!