Q: I sold a house on a land contract. The buyer is renting out the house and the renter is now 3 months behind on his rent
I have not received any of the payments from the purchaser. Can I contact the renter directly to see what is going on?
A:
Your contract is with the buyer NOT the renter, so it is best to not get them involved, other than you may want to address the forfeiture notice to both the buyer and "all other occupants of" and make sure one is sent to the property address as well as the mailing address of the buyer. You may need to either evict or get a lease with this person at some point in the future if the payments continue to not be made but this is something you need to jump on NOW to insure you don't 'earn' yourself a lot of grief or lose more money than you need to!
I'd strongly recommend you discuss this with a local real estate attorney to get the process started to end the land contract (or get the buyer to make the past due payments at least!)
Seek local legal help.
-- This answer is offered for informational purposes only and does not constitute legal advice or create an attorney/client relationship.
I am licensed to practice in Michigan only. Please seek competent local legal help if you feel you need legal advice
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