paying rent on foreclosed property : ezLandlordForms

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paying rent on foreclosed property

Miller B

started a topic about 13 years ago

my granddaughter lives in a Mobil Home Court that is under foreclosure there is rumor of a buyer who will not use the property as a mobil home court we have no idea whe received the rent money last month should we continue to make rent payments

1 Comment

Erica S

said about 13 years ago

Do not stop paying rent and do not immediately move out! The foreclosure process may have begun but that does not terminate your lease. You are still responsible for honoring the terms of your lease and paying rent. If you do not pay rent then the landlord has the right to file a lawsuit for eviction. If you try to break your lease (without working out an agreement with the landlord) then the landlord has the right to sue you for rent until the property is re-rented or until the end of the lease term.