Just when you think you have a solution. Ok, new wrinkle. I talked with the property management company, and told them I wanted a 1 year lease with a 30 day termination option on my side. After some ridiculous statements about that it wasn't fair to the homeowner, it came down to, we can't...
Army Judge, thanks for the clarifications. Common sense and the law in my experience, though not necessarily mutually exclusive, don't walk hand in glove either. I will get an addendum ASAP with a 12 month extension, as well as the right to terminate on my side with 30 days notice. Based on...
Thanks for the additional info. Like I said in my earlier post, I had no idea my lease would survive the foreclosure. It certainly isn't an ideal situation, but it beats being tossed into the street.
I really appreciate the info and answers. Never would I have guessed that I would pay the original owner the month of foreclosure and the new owner wouldn't have recourse against me. Though it works in my favor, it really doesn't seem right the the new owner couldn't have control over their...
Her's my situation. We rented a home 11 months ago. last month the property mgmt company, representing the homeowner contacted us about renewing our lease. Both sides agreed to a 6 month extension, though to this point there has not been a new lease presented or signed. Last week we received...