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Home > Law > Real Estate Law   »   Tenants rights under foreclosure proceedings

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Old Sep 27, 2007, 08:41 AM
Bill1234
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Tenants rights under foreclosure proceedings

I recently rented a house in Palm Beach county Florida. After paying all appropriate monies and unpacking we recieved notice that the house was being foreclosed on by the bank(against the landord). We also learned that our deposit monies were sent to the landlord without him signing forms indicating that he needs to hold the monies in escrow.
Do we have any rights? Does the bank have to honor our lease if they do foreclose?
Should we continue paying rent?

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