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You are here: FAQs Occupant and Owner Obligations What Happens if I Am Unable to Make My Monthly Payment?

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What Happens if I Am Unable to Make My Monthly Payment?

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This can create problems for us! We expect you to fully comply with our mutually agreed-upon and duly signed terms and conditions of our contract. You and we must be clear on mutual responsibilities and obligations.
If you default, you may lose all equitable interest in the property including (but not limited to) all Option Deposits and Monthly Option Credits.
We also reserve the right to take immediate legal action against you to recover and secure our financial interest in the property, and recover all legal costs that may incur.
Feel free to ask all questions before signing the contract. This benefits both you and us.

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