Quote:
Originally Posted by Ice
Typically, foreclosures aren't sold until an eviction has been made on the premises. If I was able to confirm that legally I would not be evicted I would consider making payments. Even then, I'm not sure I'd want to be in that mess.
If your landlord isn't making his mortgage payments despite you giving him rent money, you're going to get thrown out anyway when the foreclosure happens. I'd rather control my own destiny and get out. I imagine an impending foreclosure is enough to get out of a lease contract.
|
Quote:
8. New Landlords
A new landlord who buys property already rented to a tenant has all the rights and obligations of the old landlord. The new landlord must accept the original tenancy agreements and can only change the tenancy agreements when the original agreements expire or by agreement with the tenants. Furthermore, the Residential Tenancies Act requires a new landlord to serve the tenant with a notice of landlord and a record of the security deposit amount including applicable interest accrued. The new landlord is responsible for refunding security deposits.
|
You still have an agreement, and the house being sold, foreclosure or not, has no bearing on that agreement. If you chose to violate that agreement by not paying rent, it will give them grounds to throw you out.