Legal Question in Real Estate Law in Illinois
What are my rights as a tenant if proberty i live in is being auction and sold
and landlord never informed me
Asked on 9/23/11, 2:18 pm
1 Answer from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Whatever rights you have under the lease agreement will continue under the new owner. If you had only a month to month lease, the new owner would need to give you at least 30 days' notice to terminate the lease. In essense, the new owner steps into the shoes of the current owner.
Answered on 9/27/11, 7:27 am