Comments (6)

Doctor Deth says:
May 7, 2010 at 10:09 am

his situation is irrelevant - you are living there - pay the rent

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acermill says:
May 7, 2010 at 9:40 am

Yes. Your obligation to pay rents does not change one iota because of a pending foreclosure. You owe your landlord rents up to the day he loses the property to foreclosure. And from that point forward, you owe the rent to whomever is the new owner, including a possible lender ownership.

Foreclosures don't allow tenants to live for free.

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Lauren F says:
May 7, 2010 at 9:11 am

If you are living there and using the property you must pay rent. To not do so is both stealing and subjects yourself to eviction.

If you don't want to live there anymore because of uncertainty with the foreclosure, give the proper notice according to your rental agreement and move on to somewhere else.

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Blue says:
May 7, 2010 at 9:07 am

Yes. You have a tenancy that is recognized by the courts simply because you are in someone's property. Someone owns it, if not your landlord, his lender does, and is entitled to get paid. The lender will come after you and they likely have attorneys who will collect. Pay your rent.

Would you like someone to use your property and not pay you? Of course not. So not paying your rent is simply stealing. What ever happened to people doing what's right? It's not your house and you expect to live there for free because your landlord is in financial trouble? What a guy your momma raised! I'm glad you're not my tenant.

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Wildcat says:
May 7, 2010 at 8:48 am

YES! Their foreclosure has NOTHING to do with your legal obligation to pay. Weather or not you have a lease also has nothing to do with your legal obligation to pay. A verbal month to month lease is just as legal and enforceable as a written lease.

You legally must pay the owner the rent until the day the bank takes possession then you pay the bank the rent. Under the new foreclosure law the bank must give you 90 days notice.

New law:http://www.tenantstogether.org/downloads/S.896RenterProtections.pdf

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Realtyyoudefine says:
May 7, 2010 at 8:42 am

You may not have a signed lease but if you have been living there and paying rent you are in an implied month to month tenancy.
You must continue to pay rent while you live there or the landlord or whoever the new owner is (the bank or someone else who buys the house) can evict you for non-payment of rent

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