Advice on property lease to purchase contract
£20-250 GBP
Paid on delivery
Hi, I had a potential buyer for our property in France, they asked us to remove the property from sale until 1st Nov 2020 to reserve the property for a fee of £5000 , they paid the holding deposit and we removed it from sale, we then on 4th of November 2020 re-listed the property as available as they made no contact with us at all.
After we done that they contacted us and asked to do a lease agreement until they were in a position to purchase the property and setup a french "Lease to Purchase Agreement" (they wanted and agreed to arrange) , they then paid us £1000 which was the agreed lease rate with the understanding it would be payable on 1st of each month, in the middle of December they had not paid the £1000 payment and again no contact at all and no French contract was done , we then canceled the agreement .
They are now taking us to French court with a view of damages and the £6000 to be refunded.
We have the option of transferring to English Law, where do we stand please?
I have attached the agreement we had.
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