Business Contract for Deed
We want out on our Contract for Deed on a Business, we ''bought out'' the pervious buyer and we pay the owner rent. How can we get out of the contract?
Asked on 4/05/07, 3:28 pm
2 Answers from Attorneys
Mary McDonagh
McDonagh-Faherty Law Offices
Re: Business Contract for Deed
That should be covered in your contract and you would need to review same
Answered on 4/05/07, 3:31 pm
Joseph Michelotti
Michelotti & Associates, Ltd.
Re: Business Contract for Deed
depends on what the contract says.
i suspect the cotract is between the original buyer and seller. therefore the orignal buyer would probably be liable, but he may be able to sue you for damages.
contract need to be revied by a lawyer.
email me if you have any other questions.
Answered on 4/07/07, 11:12 am
