If I get into a lease purchase situation, put a non refundable earnest money deposit
Down and the owner of the home either files bankruptcy or is foreclosed upon before I close and take possession of the home, what would happen to my lease purchase
Situation?

Hello j:

It would become null and void, and you'll probably have to sue to get your earnest money back.

excon

Hello j:

It would become null and void, and you'll probably have to sue to get your earnest money back.

excon

That depends on whether the option is recorded. If so, you may be protected in bankruptcy.

And you can't sue if the landord files bankruptcy. You could only file a claim in the bankruptcy proceeding.