How do I keep from triggering due on sale clause when offered a deed? - Posted by Jeff

Posted by Jim IL on May 16, 2000 at 24:57:32:

Jeff,
You are a bit confused. L/O (Lease Options) and getting the deed, or a hosue “Given” to you are two totally different animals.
I will not go into another lengthy post here and explain. The Pro’s are better at it than me.
Check out the “How to” articles here about “Beating the Due On Sale Clause” and then goto www.legalwiz.com and read up on it more there.

Good luck and happy investing,
Jim IL

How do I keep from triggering due on sale clause when offered a deed? - Posted by Jeff

Posted by Jeff on May 15, 2000 at 20:16:54:

If someone does offer to give me their deed to get out from under the debt is there a way to accept it and not trigger the “due on sale” clause? I’ve heard various investors talk about getting houses given to them in th L/O business, but I don’t quite understand. Any help is appreciated I am a new investor.