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Anyone know about tenants and foreclosure?
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meganNbobby
Our Family is Complete

Member since 5/05 2774 total posts
Name: Megan
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Anyone know about tenants and foreclosure?
Meaning I am the tenant in a house being foreclosured.
Message edited 6/26/2013 7:21:24 PM.
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Posted 6/26/13 7:21 PM |
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ave1024
I Took The Wrong Road

Member since 12/07 6153 total posts
Name: That Led To The Wrong Tendencies
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Re: Anyone know about tenants and foreclosure?
Do you have a lease? It really depends on who ends up buying the property.
If you have a lease you are entitled to stay there for the duration of the lease UNLESS it's bought by somebody who intends on moving in. If that happens they can give you 90 days to vacate.
If you are on a month to month or no lease, either the bank or a new buyer can give you 90 days notice to vacate.
Either way worst case scenario you are entitled to 90 days notice.
Message edited 6/26/2013 7:29:44 PM.
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Posted 6/26/13 7:29 PM |
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Re: Anyone know about tenants and foreclosure?
This link may help:
http://www.dfs.ny.gov/consumer/tenantrights.htm
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Posted 6/26/13 10:11 PM |
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