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    nancywinn's Avatar
    nancywinn Posts: 1, Reputation: 1
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    #1

    Dec 11, 2008, 06:30 AM
    Renewing a landcontract
    I am currently in a two year landcontract. I would like to extend the terms for an additional two years until I graduate from college. Is this legally possible and what should I do? Thank you.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Dec 11, 2008, 06:55 AM

    It is possible only if the seller will agree, For some reason you assumed when you signed it, that you would either have the money in full or be able to re-fi some where else.

    So if the owner will not ( and there is no reason they have to) you will have to either re-fi some where else or you will breach the contract.

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