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Tuesday, March 24, 2009

Can i break the lease if the landlord has not paid the mortgage and has not paid in 3 months come April?

we signed a 2 year lease ( rent to own) and the landlord has not paid mortgage for February and march and now i am afraid that the house may get foreclosed on. i went over our lease and the landlord did not even sign the lease at all but we did. can we break the lease because of the two reasons



that should have been ur first sign, but cut and run, i read a story of a lady doing a rent to own program, had given this shady landlord 40,000 and went home to find locks on her door, the landlord pocketed her 40,000 and didnt pay his mortgage, that is the plight of a lot of renters, i find myself in the same situation where my landlord not only spent my security deposit and i still havent moved but she hasnt been paying her mortgage or HOA.




If the landlord didn't sign the lease, you don't have a contract. Give him 30 days notice and get out if you want.





Otherwise though, whether he pays his mortgage or not is basically not part of your lease/contract. So it's not a valid reason to break a lease, which you don't appear to have anyway.




You do not have a contract, there is no "to own" without a signed contract.





You only have to give him a 30 day notice and you may go.

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