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

    Dec 3, 2008, 02:25 PM
    Renting a Foreclosure Property
    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's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Dec 5, 2008, 05:59 AM
    Hello marty:

    Upon foreclosure, a tenant has no rights.

    excon
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    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.
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