Muskogee, OK asked in Real Estate Law for Ohio

Q: House has a previous land contract but buyer vacated and stopped paying, how do I get a title if I buy the house?

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1 Lawyer Answer
Bruce Martin Broyles
Bruce Martin Broyles
Answered
  • Lancaster, OH
  • Licensed in Ohio

A: The current owner needs to terminate the land installment contract. If the land installment contract has been in existence for more than 5 years, or if more than 20% of the purchase price has been paid, then the current owner must bring a foreclosure action. If less than 5 years, the contract can be terminated by an eviction action. Or the current owner can obtain an executed cancellation from the purchaser.

IN the alternative, you can purchase the property subject to the land installment contract and then take the above steps either: foreclose, evict or cancel depending on the circumstances.

1 user found this answer helpful

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