Re: Legal advice on selling pre construction - Posted by The Frisco Kid
Posted by The Frisco Kid on April 12, 2006 at 13:35:42:
Go back and check your original documents, the builder must perform as contracted and if these terms were not present at that time then tell him to go to hell, he cannot unilaterally change the original contract.
I had a deal where I agreed not to sell the property for one year after closing but when I received a great offer I did a puchase lease deal where it wasn’t to close until the one year period was up. There wasn’t a clause to prohibit renting only selling.
The builder tried to bully me but ended up paying his attorney, my attorney, my buyers attorney and my buyer.
We as consumers have rights too, I personally would never agree to the no rental clause, it slams to many doors shut.