Legal Question in Business Law in Texas

business question about a lease

Just recently, my father signed a lease with an individual for some property next to our store. When we signed the lease, we received a verbal agreemen where he said that he would sell that propterty to us at the end of the year. With that promise, we signed another lease with him for some more property. Now, he wont sell the property nor will he give us things that he verbally promised us. Do we have no choice? DO we just have to deal with him for the next five years and pay the $5000.00 rent each month. If he would approve our offer to buy then atleast as we pay we can be owning the land. What should we do?


Asked on 4/18/02, 10:00 am

2 Answers from Attorneys
James Grissom Law Office of James P. Grissom

Re: business question about a lease

Generally, agreements to purchase land must be in writing. However, if the owner induced you with an oral agreement that may be sufficient evidence to overturn the lease. You should discuss more thoroughly with a lawyer.

Read more
Answered on 4/18/02, 10:15 am
Lawrence Maun Lawrence J. Maun, P.C.

Re: business question about a lease

You have two issues. The first is whether because this involves the sale of real estate the contract must be in writing. The second is one of proof. Even if a writng is not necessary you msut be able to prove what the oral agreement was. Larry Maun 713.266.2560

Read more
Answered on 4/18/02, 10:22 am


Related Questions & Answers

More Business Law questions and answers in Texas