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    jasifer's Avatar
    jasifer Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jun 23, 2010, 02:52 PM
    Should renter pay rent on foreclosing home?
    Hi, the house I rent is in foreclosure and is being auctioned on July 13th, 2010. My rent is due in less than a week. I need to know if the property management can legally take my rent money considering it will be sold to the highest bidder in only a couple weeks? I don't want to pay rent and lose out on the money considering I will need it to find a new place to live. What can I do? My rent is prepaid so I will end up paying them for the entire month of July. But they won't own it the whole month of July.
    Thanks,
    Jen
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Jun 23, 2010, 03:33 PM

    Hello j:

    Pro rate the rent through the 13th, and pay that amount. Yes, I'm sure they want more. Don't give it to them.

    excon
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