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We agreed to lease with option to purchase. (Long story short - we had to lease for at least 30 days- but we had already put in a contract to buy) After moving into the house, we got a home inspection and found some major issues (mainly foundation problems). Aside from that we had an electrical issue, and when the homeowner had his "electrician" come look at it, the guy knew why the electrical socket melted because "he had fixed this problem upstairs as well"At that point, we just wanted out of the house - we have "rented" the house for a total of 3 months now. Unfortunately, my husband & I didn't read the lease agreement closely when we signed it (because we were sure we were buying the house) and it stated that we would forfeit the deposit AND pay for 6 months rent. I now found out that a disclosure should have been provided to us (by law) - here is Louisiana law link:
http://www.realestatelouisiana.com/resources/propdisc.aspBecause this wasn't provided, does that mean all contracts should (could) be voided? Yes, we are trying to get out of paying for the balance of the lease agreement, because we feel the owners were hiding information. Thanks for all your helpCatherine
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If indeed his electrician was aware of the problem, then the seller was probably aware also.Your lease agreement is one issue and the non-disclosure is another.You really need to get the advice of a real estate attorney who can review what you have signed and counsel you accordingly.Erika in Orlando
In Louisiana, You have the right to file a lawsuit against the homeowner if the homeowner did not disclose or hid by deception any obvious defect in the home.
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