Trouble With Tenant/buyer

Comments(6)

• 
  bgrossnickle13th July, 2004

  I assume something has to be recorded to clear the memorandum. Can you get him to sign a Cancelled by Mutual Consent, which you will then record, in exchange for a friendly move out?
  
  Brenda

• 
  zhongyi13th July, 2004

  This may be a silly question but do you own the house or is this a sandwich option?

• 
  legendi13th July, 2004

  I own it.

• 
  legendi13th July, 2004

  Thanks for your reply. I figure hat something needs to be filed to clear he title, I just don't know what.
  
  Quote:
  On 2004-07-13 16:35, bgrossnickle wrote:
  I assume something has to be recorded to clear the memorandum. Can you get him to sign a Cancelled by Mutual Consent, which you will then record, in exchange for a friendly move out?
  
  Brenda

• 
  AndrewKT13th July, 2004

  Is your option contingent on the lease? (if they're seperate documents)
  
  <<just me blabbing now, don't assume it's anywhere near accurate>>
  It's my understanding the memorandum references the option. If they've defaulted on the lease, the option ought to have been invalidated. YMMV

• 
  LeaseOptionKing27th July, 2004

  Unless they will sign a Quit-Claim to release it, you will need an attorney to challenge it. Your Option should always forbid them from recording any such Memorandum. The act of recording it will render it null and void and of no legal force and effect.