3rd party legally arranged delayed completion lease option

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by ann » Fri May 19, 2017 4:49 am
I have with a 3rd party a legally arranged delayed completion lease option property since 2012. I have not maintained the property or paid the mortgage since 2012. The optioner wants to exercise that delayed completion option and was alarmed to find the IVA have put a charge on the property that they had been paying mortgage and maintenance since 2012. What can they do to exercise that option they have paid for and complete the option?.
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by kallis3 » Fri May 19, 2017 8:36 am

Sorry I have no idea on how to deal with this but hopefully one of our experts will be along to answer.
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Michael Peoples
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by Michael Peoples » Fri May 19, 2017 8:43 am
IVA companies do not put charges against properties and restrictions are only put there with the consent of the owners. I am confused as to what you are actually saying.
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Lisa Thomas
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by Lisa Thomas » Fri May 19, 2017 10:54 am
Sorry I am confused too.
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