Tenant Threatens to Derail Sale, Extorts Seller for $30,000

A man was renting the basement of a home. The owner agreed to a contract to sell the home, and the contract allowed the tenant to continue renting the basement at the previously agreed-upon rate of $1,600 per month. The tenant refused to accept the deal and threatened to drag out the sale for as long as possible, before he was finally persuaded to sign off on it — for the price of $30,000. He stayed on as a basement tenant, and he was able to extort the homeowner for the cost of more than 18 months of rent.

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