I sold 84 acres on contract for deed. The property contained a 30 acre lake with an excellent fish population.We retained hunting and fishing rights on the property until death.Buyer recently drained lake and subsequently the fishery. He still owes over half the purchase price and did not have my permission to destroy lake. I asked for full payment as he destroyed a lifetime of work.He said no,will continue payments. What if any are my remedies?
Tag Archives: Illinois
can i be held for extortion?
can i be held for extortion?
contract for deed. paid $3000. ws in house for little over year, subrented to friend when i left to reconcile with exhusband. came back within 3 months and found friend had become drug addict, not paid payments, instead bartering for the house payment with deed holder, insurance had not been kept up…..deed holder was working with me to evict tenant and paying back payment due. friend called bank and informed them that there had been no insurance on house(which i was unaware of)-deed holder informed me that both her and i needed to evacuate house that our contract was considered broken. due to drug issues i walked from house with my children. my ‘friend’ remained in house for over a year after that. my contract stated that i was to receive written notice of any errors against contract-payment arrears, insurance, and upkeep. after written notice i was to have 30 days to correct. this process was not followed. deed holder did not do anything legal to end contract. recently i was notified that they needed my signature to sell house. i informed broker that i would like my down payment back since our contract was broken in illegal way. being told today that i am an extortionist and deed holder’s father is taking me to court. advise
contract for deed My husband and I signed a contract for deed in the amount of…
contract for deed
My husband and I signed a contract for deed in the amount of 400.00 a month until paid off. Since then that amount has been raised to 560.00 a month instead. When the agreed amount was 400.00 at the time of signing. Is this legal, is there anything that we can do?
signing a homestead waiver during marriage Before marriage, my husband now was…
signing a homestead waiver during marriage
Before marriage, my husband now was renting a house that he intended to purchase after marriage. He was renting from a friend at work. 2 months after we were married he closed on this house without my approval of purchasing it so, I therefore signed a homestead waiver at closing. We were seperated for 6 months and I recieved divorce papers that said I was agreeing that this property was purchased before marriage so, I am assuming his friend set it up to look that way…instead of him renting, he was buying contract for deed or something in that order to look as though he was buying it before the marriage which is not true, so my question is, did I sign away my legal rights to the property by signing the homestead waiver after we were married? Do I have any legal rights to the propery, as we are still married at this time?
contract for deed lawsuit I mistakenly signed contract for deed to purchase a…
contract for deed lawsuit
I mistakenly signed contract for deed to purchase a contract but finacing fell thru when a 2nd mortgage on a previous investment property fell thru and stopped me from having the income to purchase the property. I did maintain the property and put tenants in the home/condo but now that the last tenant is gone owner wants me to pay over $40k in fees. He did not take into accoount the work I did in keeping the property up and I paid for advertising,leases and background check of the tenants.The owner atty submitted to me that he willput a ien on my home for payment or go to court…what should I do.