View Full Version : Renting a Foreclosure Property
martymarty
Dec 3, 2008, 02:25 PM
I am thining of renting an apartment in a 2 family house in New York City that is rumored to be in foreclosure. How do I find out, and if so, what are my rights?
excon
Dec 5, 2008, 05:59 AM
Hello marty:
Upon foreclosure, a tenant has no rights.
excon
ScottGem
Dec 5, 2008, 07:19 AM
Check with the county clerk to see if the house is in foreclosure. If they don't know they can tell you the lienholder who may supply that info.
A foreclosure voids a lease. So if the property does get foreclosed, then your tenancy ends unless the new owner wants to renew it.