Legal Question in Real Estate Law in Maryland
Rights after foreclosure
I lost my property to foreclosure. I am still receiving a rent check from one of the tenents. What are the consequences if I keep the money?
Asked on 2/09/04, 10:35 am
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Re: Rights after foreclosure
Tenant would have a right to sue you for the money back, in addition to whatever damages are suffered due to your breach of the lease by having the property foreclosed out from under him/her. Probably not a wise thing to do, because keeping the money is the kind of thing that might cause someone to sue that otherwise wouldn't. It is also possible that a prosecutor could treat it as a criminal act, perhaps receiving money under false pretenses or the like.
Answered on 2/09/04, 11:39 am