QUESTION
We are renters and just found out the house we are on a signed lease is going up for foreclosure in november so do we still pay rent to landlord?
Asked on Aug 31st, 2011 on Business Law - Colorado
1 ANSWER
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Yes. Unless and until title to the property passes to a new owner, you will have to pay rent to the current owner. Once the property changes hands through foreclosure, you will have to pay rent to the new owner.
Answered on Sep 05th, 2011 at 9:22 PM