If the property owner I rent from is in forclosure and might have filrd bankruptcy what are my right

Profile picture for DomoniqueRitchie
I believe the property owner that I rent from is in forclosure and might have filed bankruptcy , what are my rights and how do i not end up homeless?  Is he obligated to inform the tenents of these things?Any information I can get is much appreciated, thank you,   domonique
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June 11 2011 - Carson
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Profile picture for MikeEmery
There are federal laws that protect renters if their landlord is in the process of foreclosure. To best determine your rights, follow the link to the legal assistance nearest you.

California Dept of Consumer Affairs
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June 11 2011
Profile picture for wetdawgs
Welcome to Zillow.

In foreclosure situations, the tenant legally can stay through the end of their lease.   The landlord has no obligation to keep the tenant informed of the day to day issues related to pending foreclosure and/or bankruptcy.

If it goes beyond the actual foreclosure and you want to get out, you may be able to request "cash for keys" to help cover moving expenses.   However, there is no guarantee on that one.

In the mean time, you are still obliged to pay rent on time to the landlord to preserve your rights.
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June 11 2011
 

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Profile picture for Michael Emery
QuestionIf the property owner I rent from is in forclosure and might have filrd bankruptcy what are my right
  • Latest answer by Michael Emery
  • June 11 2011
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