View Single Post
  #29  
Old 11-15-2007, 03:24 AM
jaydub jaydub is offline
Senior Member
 
Join Date: Dec 2004
Posts: 2,055
Default Re: owner of house i am renting disappears off face of earth

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
IANAL but if you have a lease then doesn't the foreclosing bank still have to honor it? Isn't it the same as if your landlord had sold the house?

[/ QUOTE ]

No. Foreclosures are very different beasts than sales.

J

[/ QUOTE ]


do you know time frame of how long we got to get out?

[/ QUOTE ]

Pretty sure it varies significantly and you mentioned both posh and country club so I really think it's time for a meeting with counsel.

Just understand that you most likely have zero rights or valid claims to the home as foreclosures are special from a legal sense so your lease probably means dick.

J
Reply With Quote