QUESTION
How can I get out of my lease since I found out the homeowner is 4 months behind on the mortgage?
Asked on Sep 26th, 2011 on Business Law - Connecticut
More details to this question:
I accidently found out this info but my 6 person family would need at least 60 days to find a new place, pack and move without paying further money at my current address! How can I accomplish this without being evicted sooner?
1 ANSWER
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You are bound by the terms of the lease as long as the current landlord continues to own the property. If and when the mortgage lender forecloses -- which can take a year or more in Connecticut -- the lender will decide whether it wants to keep you as a tenant.
Answered on Sep 27th, 2011 at 9:55 AM