Originally Posted by rmriche
Normally I would just remove this post since it was made to a 3 year old thread. But I'm going to respond since there are a number of incorrect points and bad advice here.
First, The ONLY correct thing you said is that rent is paid in advance. But the reason why you have to pay as long as the landlord is the owner is because the law says so. So your advice to NOT pay is advising people to violate the law and it risks them getting evicted.
A foreclosure can be forestalled right up until the auction starts. So even if the auction has been scheduled you don't know if the landlord can stop it. If you don't pay, the landlord can start eviction proceedings and might have you out before they lost the property.
No, I don't think it fair if the house sells on the 15th and the tenant has to be out on the 18th. But neither does the government, which is why the law was changed requiring the new owner to owner a lease and give the tenant a minimum of 90 days to vacate.
As for your claim that its illegal for landlords to not pay their mortgage while collecting rent. The only place I know of where the law frowns on that is California and then only under certain circumstances.
Yes the tenant does not "have" to pay rent on a property in foreclosure proceedings, but a tenant that does not do so, is violating their lease and not paying could get them quickly evicted.
Finally, you are very insulting to landlords, but you have no idea what may be going on. A large percentage of the time foreclosed rentals are not owned by landlords operating as a business, but people who moved to new homes but couldn't sell their old homes and tried renting until they could.
So the bottom line here is that a tenant has to honor their lease and that the law protects them from being taken advantage of in case of a foreclosure.