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Home / Uncategorized / Exercising a purchase option: A case study (access required)

Exercising a purchase option: A case study (access required)

A tenant who wanted to buy the home she was renting could exercise her purchase option "until June 2004" by notifying the landlord on May 5 that she wanted to buy. The tenant did not have to present a sales contract or the purchase price to the owner by May 31, 2004, as the landlord argued. ...