2007-10-08 10:11:23 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Typically, it doesn't change...You may have to send your rent check to a different person/address is all.
2007-10-08 10:14:49 · answer #1 · answered by feanor 7 · 1⤊ 1⤋
If the lender is successful in court, the court will extinguish the lease terminating your tenancy, you will become the tenant of the successful bidder at the foreclosure sale and will be on a month to month tenancy. If you have been properly notified of the foreclosure to protect your property rights under your tenancy, I would open an account in the name of the landlord with you as the custodian, and place your rental payments in that account until told to do other wise by the court or the new owner.
2007-10-08 11:28:07 · answer #2 · answered by newmexicorealestateforms 6 · 0⤊ 4⤋
Keep paying the rent to your current landlord until the new owner tells you otherwise.
2007-10-08 10:32:44 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 1⤋