Legal Question in Real Estate Law in California
Escrow
If i live in a building that is in escrow, do i have to pay rent?
Asked on 5/03/02, 7:44 pm
3 Answers from Attorneys
Ken Koenen
Koenen & Tokunaga, P.C.
Re: Escrow
Absolutely. Whomever owns the building on the date the rent is due is entitled to the rent.
They will be required to notify you in writing of a change of where rent should be paid. You will not be responsible for paying the wrong party if they do not notify you adequately.
Answered on 5/04/02, 10:15 am
Victor Hobbs
Victor E. Hobbs
Re: Escrow
Yes, you owe rent. The question is to whom do you owe the rent. The owner of the property is owed the rent. And if you pay on the first you might want to check on the first to see who owns the place.
Answered on 5/03/02, 8:10 pm
Chris Johnson
Christopher B. Johnson, Attorney at Law
Re: Escrow
You owe the rent to the building's owner--when the change occurs, you will receive notice concerning where to send the rent to the new owner.
Answered on 5/05/02, 12:34 am
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