Legal Question in Real Estate Law in Illinois
I rent a condominium. And I pay rent and. Association. But I. Get a letter. From REo saying they ownthe property. My question. I have to keep paying. Rent to my previous. Landlord or to Reo
Asked on 3/31/12, 4:48 am
1 Answer from Attorneys
You should have received formal notice, not just a "letter", so I'd have the communication reviewed by an attorney. The rule is you pay rent to the old owner until you receive notice there is a new owner, but I get the feeling there could be scam artists out there pretending to be new owners or the new owners' servicing agents....
Answered on 3/31/12, 8:52 am