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    foodcanner's Avatar
    foodcanner Posts: 2, Reputation: 1
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    #1

    Mar 28, 2011, 07:43 PM
    Getting out of a land contract
    2 unmarried people on a land contract, relationship ending. How can 1 person get their name off the land contract>
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Mar 28, 2011, 08:03 PM

    One buys the other out, ( basically a contract within the contract)

    By using terms in the contract for one member to withdraw ( if there are any)

    By agreement of both parties and the seller who would redo the contract ( normally for a fee)
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #3

    Mar 28, 2011, 08:16 PM

    One question that should be answered is what penalties does the contract have for breach. If the only penalty is loss of right to purchase the land, the leaving member can walk with impunity.
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