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Thread: Rental forclosure

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  1. #1
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    Quote Originally Posted by Vteckidd View Post
    As i understand it, the foreclosure is separate from the lease agreement.

    Its none of your business the guy isnt paying his mortgage, and is going into foreclosure. You have an agreement to rent his property, period.

    If you are outside of your lease, you could tell him to fuck off and he could process you for eviction. He can come after you.

    What you should do is tell him you know its being foreclosed on, and negotiate for a lower rent.

    You cannot withhold rent for repairs UNLESS its specific in your contract
    Outside of my lease, i can pack up and hand him the keys at any moment though, correct?

  2. #2
    Gods Chariot Vteckidd's Avatar
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    Quote Originally Posted by Sinfix_15 View Post
    Outside of my lease, i can pack up and hand him the keys at any moment though, correct?
    read your lease, USUALLY theres a clause in there that says after the initial contract is up, it goes to month to month (usually at an inflated rate) and you are required to give up XX Days notice.

    if there is no lease, then yeah you can walk at any time
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