Real Estate Option Contract On Non-Created Lot

y3468

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Joined: Jun 2022

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#1

Real Estate Option Contract On Non-Created Lot

15th June 2022, 04:08:AM

Background: Bought a property in Ohio, someone put an option on part of the land of the property before it was split. The lot was not split, and the option contract was never exercised and expired.

Question: Can an option contract be legally enforceable after expiration if the specific property wasn't created? Wouldn't exercise expiration nullify everything anyway?

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atticus

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Joined: Mar 2022

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#2

15th June 2022, 06:14:AM

Sorry, but this is a United Kingdom law forum. Please consult someone able to comment on the laws of the state of Ohio.

Lawyer (solicitor) - retired from practice, now supervising solicitor in a university law clinic. I do not advise by private message.

Litigants in Person should download and read the Judiciary's handbook for litigants in person: https://www.judiciary.uk/wp-content/..._in_Person.pdf
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