the sheriff's sale is 12/07/07 and i have a lease until feb. 1, 2008. I have paid the rent on time and i just got the notice today. I don't have the money to move if i still have to pay the rent.
2007-10-23 14:00:07 · 10 answers · asked by Rush 2 in Business & Finance ➔ Renting & Real Estate
First of all, sorry to hear that you are in such a terrible position. You should know that you are not alone, this sort of thing is happening all over the country. It's a shame and it should be criminalized. Talk to the landlord and hold them accountable. You are between a rock and a hard place, if you pay the rent and the foreclosure goes through you get evicted by the bank, if you don't pay the rent the landlord can evict you. See what the landlords plans are, if they cannot or will not bring the mortgage current see if they will forgo the rent so you can save to move. Also get in writing that they will not evict and they will not report you as a bad tenant.
2007-10-23 14:56:34 · answer #1 · answered by jimmy dean 3 · 0⤊ 0⤋
Did the letter say you must vacate? Contact a lawyer or your local legal aide agency. You just may have to move, unless the new owners have other plans. Since it is being forclosed, I suggest you speak with an attorney, and start saving money now. Christmas season is approaching, and I am sure many are hiring. Sorry to put it like this, but If you have to move, you will need to start saving and looking now. So find out from a lawyer what is going to happen to you and your lease. Your landlord did not pay the bills!
2007-10-23 14:45:44 · answer #2 · answered by _nicole_ 4 · 0⤊ 0⤋
have an attorney review your lease, but you can do a quick check of the document. look for the words "non disturbance". A non-disturbance clause might cause the new owner to honor your lease after your current landlord is foreclosed upon. Absent any language of this type, you would likely be forced out by a new owner. If the owner, was an investor, however, you might be in the best position to negotiate a new lease, as the new owner would not experience any "lease up" period, thus he would receive rent from day 1. That might allow him to give you a slightly better deal than going out to the market to find a new tenant.
2007-10-23 14:06:42 · answer #3 · answered by instymitch 1 · 0⤊ 0⤋
Yes you still have to pay rent since the landlord still owns the property. The landlord has plenty of time to stop the foreclosure. If and when it does foreclose, you will be notified by the bank, trustee or new owner as to whether or not you can remain a tenant or if they want you to vacate. BTW..once foreclosure takes place...all leases become null and void. Good luck and start saving for the move just in case.
2007-10-24 09:36:24 · answer #4 · answered by LILL 7 · 0⤊ 0⤋
Did you get a notice to vacate or just a notice of the sale?
If it's just the notice of the sale, yes you do have to pay rent and you don't have to move .... at least not yet. It's entirely possible that your landlord will resolve the forclosure before the house is sold.
If you get a notice to vacate, then you have to move. I suggest you start cleaning out closets and cupboards just in case you have to pack up and more. No sense moving extra junk.
2007-10-23 14:06:09 · answer #5 · answered by bdancer222 7 · 0⤊ 0⤋
Rents are due to the current owner until the lender takes possession. After that point, rents are due to the lender, who will own the property. Chances are that you will be required to move anyway, depending on the nature of the property you are renting.
2007-10-23 14:08:33 · answer #6 · answered by acermill 7 · 0⤊ 0⤋
you could sue the land lord in small claims courtroom for the go back of your safe practices deposit. examine which includes your small claims courtroom branch to ensure the strategies to do this. i do not understand in case you could sue for employ you paid previous the foreclosure date. you've gotten had to pay someone. you're not any legally out of that funds. the recent proprietor is out of those rents. hence the recent proprietors that would want to were gathering the employ ought to regularly have the legal good to sue for employ they fail to collect. about the sexual progression it truly is a countless matter. until eventually he genuinely touched you or made undesirable advances in the direction of you it is a situation. you need to truly ought to bypass to a countless courtroom than small claims courtroom. i'm both effective that you've gotten had to document a police record for the sexual strengthen. i wish this has been of a few income to you, sturdy success. "wrestle ON"
2016-10-22 22:02:28 · answer #7 · answered by ? 4 · 0⤊ 0⤋
Rush,
suggest u get packing. get 2nd job to save up cash for new place.
u may get to stay till 2/08 then agin u may not. depends on new owner. depending on rental laws in ur area u may be moving.
as for rent to be paid, contact foreclosure company as what to do.
2007-10-23 14:08:00 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Part of the agreement your landlord has with you is to make sure they take care of their responsibilities. They obviously have not. They are actually in breech of their obligation to you. Use your money and plan a move..
2007-10-23 14:19:16 · answer #9 · answered by rukidden99 3 · 0⤊ 1⤋
Technically, yes you do have to pay the rent. You don't have to move until they force you too.
2007-10-23 14:05:05 · answer #10 · answered by pitchin21 1 · 0⤊ 0⤋