Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

105
Posts
18
Votes
Casey S.
  • Real Estate Investor
  • College Station, TX
18
Votes |
105
Posts

Rent to own legal question in Texas

Casey S.
  • Real Estate Investor
  • College Station, TX
Posted

Just closed on a lower end house. Title was clear. Seller told me the current tenants never paid rent but he didn't want to deal with them. I went by after closing to post a 3 day notice. The tenants just called me saying they have a notarized rent to own contract signed between them and the previous owner and all of his receipts showing that they have paid every month. They claim to only have less than two years left to pay. It was obviously never filed at the court house or title would have caught it. I am going to meet with the tenants Monday to see what they have. Anybody know what kind of rights the tenants might have if their rent to own story checks out?

Most Popular Reply

User Stats

105
Posts
18
Votes
Casey S.
  • Real Estate Investor
  • College Station, TX
18
Votes |
105
Posts
Casey S.
  • Real Estate Investor
  • College Station, TX
Replied

Seller wont respond but to give an update- I went by and met with the tenants. They had the contract and receipts for rent. They seemed to realize the seller shafted them. To avoid a potential huge headache we reached a cash for keys agreement with them moving out in 3 weeks.

Loading replies...