Landlord and Tenant Rights and Responsibilities
questions & answers
Question: My brother and I had a verbal agreement that he would purchase my property in which I run my business from and live and we would then do a lease option to buy back with a set price being set at time of agreement and I would be responsible for making interest only payments on the money he borrowed to pay for the property, which was fine. However he has not provided me with any type of a written agreement, it is two years later and payment is quadruple what it was suppose to be and now he is trying to evict me and sell the property, do I have any rights? I have emails stating the above.
Answer: You should discuss the details of your agreement as well whatever supporting documentation you have with an attorney. There are links to free and low-cost legal services on this website, and the LegalLEARN Helpline toll-free telephone number is 1-866-637-5341.
QUESTIONS
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My brother and I had a verbal agreement that he would purchase my property in which I run my business from and live and we would then do a lease option to buy back with a set price being set at time of agreement and I would be responsible for making interest only payments on the money he borrowed to pay for the property, which was fine. However he has not provided me with any type of a written agreement, it is two years later and payment is quadruple what it was suppose to be and now he is trying to evict me and sell the property, do I have any rights? I have emails stating the above.
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