Is the owner of the home your current landlord? If he/she is on Medicaid it is probable that the home will have to be sold to help pay for nursing home expenses.
This assumes that there are otherwise insufficient assets to pay this bill.
If you have received notice to vacate you may have more time than the July 25th date on the notice, but you should contact an attorney to find out what your rights may be.
Where is this home, what is your rent amount, and where do you want to live?... more
It depends entirely on the option portion of the lease option.
Usually, lease-options are structured so that the option portion is NOT refundable under ANY circumstances. The reason: The option has bought something of value: The right to purchase the property for a set price. It's not like a security deposit. Thus, most lease-option agreements provide that the seller retains the option fee.
In most lease-options, though, there's also a security deposit applicable to the lease portion. Again, this depends on the specific agreement. However, for reasons too complex to get into here, it's advisable for an owner to take at least a small amount of money as a security deposit (to demonstrate that there's a legitimate lease). That lease-connected security deposit may be refundable, depending on the terms and conditions of the lease. (However, many leases say that upon eviction, the landlord may be entitled to the security deposit.) So, again, look to the lease.
To summarize: The option fee is seldom refundable, but the answer lies in the option agreement.
Hope that helps.... more