If our rental has gone into foreclosure, do we need to allow entry to a real estate agent who is representing the bank?
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If our rental has gone into foreclosure, do we need to allow entry to a real estate agent who is representing the bank?
The home we are renting went to auction yesterday and did not sell so it reverted to the bank. I was told a real estate company would be assigned by the bank to sell the house. We would like to buy the house and was wondering if we were required by law to allow entry to the real estate agent? How do we find out what real estate company was assigned to sell the house? We have 18 months remaining on our signed lease and all rent payments are current and are still being made to keep the lease agreement in force. As I said, we want to buy the house.
Asked on September 8, 2011 under Real Estate Law, Arizona
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
You must let the bank's realtor in, unfortunately on reasonable notice, to sell the house; the bank is now the owner (and your landlord) and the owner of property has the right to show it to sell it. The tenants cannot refuse entry to the owner or his, her, or its agents, though again, the realtor should provide reasonable notice and only enter at reasonable times (e.g. not late at night).
To find out what realtor is selling the house, try contacting the bank; try looking through the internet listings; ask the realtor(s) who show up; and if you know any realtors personally, ask them--they should know or be able to find out. Good luck.
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