Lease Option a Lease Option? I Shudder to Think of the Depth of this

[Kevin Cardinale]

Lease Option a Lease Option?

I took it upon myself to go to the public library today. What a frick frack gold mine that place is. I could literally curl up and die there. So, I thought perhaps I was missing something by not buying a guru thingamabobber, so I sought to find some of their stuff. And, I did. And, I read it. And, I know what's in their stuff, or I mean I already knew all that. Sort of disappointed. No magic bullet.

Anywho :roll:

One guy / girl said that I could buy a house under a lease option and then lease option it out to someone else, with bigger payments and a shorter time period than the primary lease option. So I would, in essence, be lease optioning the lease option. He / She said I had to make sure that the leasee optionista and the leasor optionator both knew that I had no claim to the title and that I was the middle man. Which, to me seemed kind of silly. In the primary lease option, I should simply contract and stipulate that I have a right to sublease optionatorate to someone else. Ergo, visa vis, concordantly, I would not have to have a 3-some pow wow with both lease optionarites.

And, in my lease option to the sub-leasee optionian I would stipulate that "I make no claim, implied or otherwise that I hold title to said property in question."

Right?

Otherwise, it would seem to unravel everything. :cry: