Tory Lanez Sued For Foreclosure, Accused Of Defaulting On Payments For Miami Condo
March 4 2022, Published 3:58 p.m. ET
Tory Lanez has been hit with legal papers accusing him of failing to keep up with his mortgage.
According to court documents obtained by Radar, a company named BH 4908 LLC is suing Tory (real name: Daystar Peterson) for foreclosure of his Miami condo.
The pint-sized rapper purchased the 3-bedroom, 3.5-bathroom, 2,182 sq. ft. penthouse in 2018 for $1.8 million. He took out a $1.26 million loan with BH 4908.
Per the mortgage, Tory agreed to make monthly payments of $11,057.40 and then one large balloon payment in December 2021.
The lawsuit accuses Tory of defaulting under the terms of the mortgage by failing to make the balloon note totaling $1,237,456.06.
The suit says Tory owes a total of $1,237,456.06 that is due on the loan plus interest.
BH 4908 LLC says Tory still lives in the luxury condo and is the only owner on the title.
The company is demanding the court allow them to foreclosure on the home and sell it off to the highest bidder. They also want him to pay any difference between the amount the home is sold for and the amount owed.
The foreclosure lawsuit is the least of Tory's problems at the moment. He is still facing serious criminal charges out in Los Angeles for his alleged role in the Megan Thee Stallion shooting.
The Hot Girl Summer rapper accuses her former friend of shooting her feet following an after-party in the Hollywood Hills. Tory and Megan have gotten into it publicly over the past couple of months while the case moves forward. He has denied being the shooter and has been trying to point the finger at others in the SUV on the night in question.
Last month, a hearing was scheduled to be held but it was pushed to April. Tory tweet out after the judge made the decision, "u can't buy and tweet your way out of this one ..not today."
Meg caught wind of the alleged subliminal message and fired back. "THEY GOT YOU RECORDED ON THE JAIL PHONE TALKING TO KELSEY APOLOGIZING BEGGING US NOT TO TALK," she wrote. She is referring to her friend Kelsey who was in the SUV with them on the night in question.
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Tory proceeded to tweet out claims Megan and Kelsey were fighting over him.
Tory is no stranger to legal battles and he is currently facing two separate suits. The first was filed by a former Love & Hip Hop star who claims Tory assaulted him inside a Miami nightclub. The other case was filed by a man who was allegedly disfigured as part of a car crash that involved a vehicle owned by Tory.
Tory was not the driver of the car but is being sued for damages. He has moved to dismiss both cases.
