Hello,

I purchased a home in Florida, owner financed.

In the last 3 months I have fallen behind in my payments.

The mortgage holder now wants me to sign a quit claim to turn the house back over
To him.

I will become a renter, he says!

My question, If I sign the quit claim will I be on a month to month lease and
Will he be able to evict me or request I move immediately after I sign?

Thank you

Well first on a contract for deed he was never ever suppose to sign a deed over to you, he is a poor business person.

He will have to foreclose on you if you actually have a deed.
And do not sign it over.

But yes, once you default on a contract for deed you go right to a rental, and then if you are not paying, can be evicted, but you will be evicted either way, one way you do it the legal, honest proper way, the other, you ruin your record having it in court that they had to force it