I sold my building. Now the tenant refuses to pay last months rent that’s due to me. Can I cancel th security deposit check that I signed over to the new owner?
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I sold my building. Now the tenant refuses to pay last months rent that’s due to me. Can I cancel th security deposit check that I signed over to the new owner?
I was a very lenient landlord and let my tenant pay
his rent at the end of the month as opposed to the
beginning. I closed on the building and the new
landlord took ownership June 1st. I’d been asking my
tenant for Mays rent , and he says the new Kandlird
demanded his rent June 1st so he doesn’t have my
rent money? Is there anything I can do?
Asked on June 1, 2017 under Real Estate Law, Illinois
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
No, you can't cancel the checks signed over to the new owner, since that would violate your obligations to him and under the law. Your recourse would be to sue the tenant for the money, such as in small claims court.
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