Just moved into a house with a year lease through the owner and have now been informed that the house is a short sale. What are my rights as a tenant and if the home is purchased will my lease be honored
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Just moved into a house with a year lease through the owner and have now been informed that the house is a short sale. What are my rights as a tenant and if the home is purchased will my lease be honored
If it is bought though a short sale, yes the lease has to be honored.
There is nothing wrong about selling your home when it is leased. The buyer will have to be informed the home is leased, and the bank will have to agree to the short sale. ( it can take months for a bank to agree)
Florida is a crock state all the laws are always against the victims. Honey I would advise you becareful ext time, but it is as it appears if the owner bought it from a short sales.
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