Tory Lanez’s Roommate Served With Singer’s $1.2 Million Foreclosure Lawsuit For His Miami Condo

Tory Lanez

Tory Lanez’s Roommate Served With Singer’s $1.2 Million Foreclosure Lawsuit For His Miami Condo

It looks like Tory Lanez has yet another legal issue on his hands!

According to court documents, obtained by Radar Online, Tory Lanez (born Daystar Peterson) has been officially served with a $1.2 million lawsuit accusing him of defaulting on the mortgage for his Florida condo. The filing states that on March 7 the process server arrived at Tory’s penthouse and knocked at the door. However, the “Say It” singer was not home.  A man named Sebastian Rompotis who is listed as a “co-resident” was there to answer the process server. Reportedly, Rompotis is a songwriter who has worked with Tory on several songs.

Tory Lanez

As previously reported, a company named BH 4908 LLC is suing Tory Lanez for foreclosure on his Miami condo. The 3-bedroom, 3.5-bathroom, 2,182 sq. ft. penthouse was purchased by the 29-year-old entertainer in 2018 for a reported $1.8 million. Allegedly, Tory Lanez took out a $1.26 million loan with BH 4908 to help buy the Miami property.

According to the legal documents, the ‘Alone At Prom’ rapper/singer agreed to make monthly mortgage payments of $11,057.40. He also signed off to make one large balloon payment in December 2021 of $1,237,456.06. However, the lawsuit claims that Tory failed to make the payment. BH 4908 is suing for the full payment of the balloon note, plus interest!

Reportedly, they want to foreclose on the property and sell it off at auction. The proceeds would be used to pay off the debt and any surplus would be passed on to Tory.

What are your thoughts on this new lawsuit against Tory Lanez? Let us know in the comments below!

[VIA]

Authored by: Monique Nicole