Taxes & Insurance

In doing a lease option deal, who is responsible for the taxes and insurance?
Carol confused

Comments(1)

  • vanrijnr20th July, 2003

    The owner / seller, until the lessor decides to buy and closes on the property. Until then, the seller's name is on the warranty deed.

    This doesn't mean that the seller might not ask you to pay taxes and insurance, however.

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