Timeline for Landlord wants to switch my lease to a "Land contract" to "get back at the city"
Current License: CC BY-SA 4.0
11 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Apr 11, 2019 at 2:16 | comment | added | Aethenosity | @Putvi "can't force.." but you can trick someone into signing a contract | |
| Apr 8, 2019 at 21:56 | comment | added | Putvi | Could be, but it just seems like too crazy of a way to go about it to be that. | |
| Apr 8, 2019 at 21:54 | comment | added | David Siegel | LL can't force OP into signing anything at all. He apparently assumes that OP will comply with his wishes, or perhaps intends to offer some not-yet-stated financial incentive. I suspect that he intends to offer something that will technically be a valid land contract, but that wouldn't be paid off for a long time, say 99 years, with the intent that OP simply default when OP wants to move. But that is only a guess. He may not fully know himself what he will offer, and his lawyer, if he consults one, may discourage the idea. | |
| Apr 8, 2019 at 21:30 | comment | added | Putvi | You can't force someone into buying a house though, so the traditional land conract meaning wouldn't make sense. | |
| Apr 8, 2019 at 19:28 | comment | added | David Siegel | OP doesn't really know what LL is offering, because OP hasn't seen the contract yet. If it purports to be a land contract, and fulfills the legal minimum under Sec 5313, it is a land contract, and OP may be on the hook for taxes and repairs. If the offered contract does not comply with 5313, it is hard to say what effect it will have, but OP will have given up any lease, it seems. OP might then be renting month-to-month. But who knows? | |
| Apr 8, 2019 at 19:22 | comment | added | Putvi | What he is describing isn't a land contract so my answer fits his situation. | |
| Apr 8, 2019 at 19:21 | comment | added | David Siegel | This answer appears to misunderstand what a land contract is in Ohio, and make assertions which are not or may not be true. See my answer. | |
| Apr 8, 2019 at 17:09 | comment | added | Putvi | Land contract is supposed to mean that he takes no interest in it while you pay for it buy the month, but if he is using it to rent to you as in he would own it, he gets no benefits. Hes just trying to change the wording to cheat the city and not live up to what it really should mean. | |
| Apr 8, 2019 at 17:04 | comment | added | Putvi | There isn't one. People have tried crazy things to get out of paying fees and such since the beginning of time. | |
| Apr 8, 2019 at 17:03 | comment | added | BooleanCheese | But what's the advantage for him if he makes it a land contract? | |
| Apr 8, 2019 at 16:46 | history | answered | Putvi | CC BY-SA 4.0 |