Full question:
We have had a contract in place for the last 10 months for a young couple to buy my husband's former home. On numerous occasions they have not paid "rent" on time and have not carried through on the agreement to provide insurance on the home. They are now two months late on paying and we see no other way out other than to evict and put the house up for sale. What procedures do we need to do since this is a lease with option to purchase.
- Category: Landlord Tenant
- Date:
- State: Nebraska
Answer:
You should issue a notice of default according to the lease terms and state law. Inform them that eviction will proceed if they do not pay the overdue rent and provide the required insurance. Consider meeting with them to discuss the situation and see if they are willing to pay the back rent and leave voluntarily. This could save time and money for everyone involved.
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