Legal Question in Real Estate Law in Nevada

Lease with Option to Buy

I have a lease with option to buy a house and property. I wrote my letter of intent and sent it along with my deposit check to the owner. His wife is preventing me from purchasing the house and might have listed the house to be sold. How can I stop the sale of the house? And file a lawsuite against them?


Asked on 5/14/07, 7:14 pm

2 Answers from Attorneys
Jeffrey Cogan Jeffrey A. Cogan, Esq., Ltd.

Re: Lease with Option to Buy

File the lease with Option to Buy with the County Recorder. This may stop any subsequent sale as the title company will require the lease option to be removed before closing escrow.

Read more
Answered on 5/15/07, 5:10 am
mark albright albright stoddard warnick & albright

Re: Lease with Option to Buy

If you file a lawsuit for specific performance you can, in conjunction therewith, record a lis pendens against the property, which will keep the seller from selling it to someone else while your suit is pending (or at least prevent any such buyer from obtaining title free of your claims).

If you would like to file such a lawsuit, I am well-versed in litigating those types of claims and would be happy to assist you. Ask for Chris Albright.

Read more
Answered on 5/14/07, 7:37 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Nevada