Who do I pay my rent check to on a foreclosed rental?
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Who do I pay my rent check to on a foreclosed rental?
The house I currently rent was foreclosed on. The bank is honoring my lease and has set me up with a new property management company. My landlord is taking legal action against the bank for illegal foreclosure.My landlord’s law firm asked me to pay my rent check to them rather than the bank so they could hold on to it. I said I would if they could show me proof that the bank was in agreement. This proof was never produced so I sent my rent check into the property management company. Now landlord wants me to issue a stop payment on the check and send the law firm a new one. What do I do?
Asked on May 17, 2012 under Real Estate Law, Texas
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Generally speaking, if the house is already noticed for foreclosure or already forclosed upon, the lender has the right - except in Michigan - to collect the rents from the tenants for the proeprty. So I think that you did the right thing here and if the landord continues to bother you I would call the bank or the management company for help. I might also consider paying next month's rent in to the court proceeding between them. I would ask the court's permission. This way you have paid it and they can dulke it out. Good luck.
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