Comment: Creating a well written and executed lease agreement protected this landlord with the right to evict the tenant for failure to pay.
Brief Synopsis: A recent case regarding landlord-tenant lease-option to purchase agreement found that the landlord was justified in his eviction of a tenant for failure to pay rent in a lease-option agreement. Further, the installment payments were not credited towards the purchase price hence the tenant didn't have any rights to the property.
Comment: Creating a well written and executed lease agreement protected this landlord with the right to evict the tenant for failure to pay.
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Author:Robert Kehiayan, CPM provides Commercial Real Estate Expert Witness and Litigation Consultant Services in South Orange County, CA. Archives
October 2016
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