Legal Question in Real Estate Law in Florida

Tenant/Forclosure
I have a rental property in FL that has been vacant for the past 3 months which made me get behind on the mortgage payments. I finally got the house rented last month & was hoping to start slowing catchin up on the mortgage. The first months rent was due on Oct 1st, 2008 along with the rest of the agreed upon security deposit. I finally received the rent less the security deposit yesterday (10/15/08). I contacted the tenant & told him they are breaching the contract by not following through with the terms of the lease & was basically told they do not care about the lease. From already being behind on the mortgage & now receiving this payment late, my property is on the verge of going into forclosure. I obviously do not want to be brought to court & sued by these ppl who are in the home now & I'm not sure what to do. If the home goes into forclosure with them in there within the next month or so, what can happen to me? What is my best & cheapest way out since I no longer have any funds available? My last tenats destroyed my home & I sunk all of my savings back into the home in hopes of getting it re rented to save it. PLEASE ADVISE.... Thank you.

Asked on 10/17/08, 10:55 am

David Slater David P. Slater, Esq.

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Re: Tenant/Forclosure

You can seek their eviction or let the lender handle it in the foreclosure. As long as you own, they owe rent.

Answered on 10/24/08, 3:59 pm

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