Legal Question in Landlord & Tenant Law in Minnesota
Home rental
i rented a townhome on sep 1st 2006 and signed a one year rental agreement. the intial asking price on the place was $699,000 and am renting for $2200 a month. i have just been informed that the owner and home is going to a foreclouser hearing on the 16th of may. does this terminate my contract if the bank takes it back or am i able finish out my rental agreement until sept. please help as i cant have someone come to the house and say you have to leave today. thanks
Asked on 4/19/07, 5:19 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: Home rental
Need to review your rental agreement, and I can advise re: rights upon foreclosure. I have been a LL for 25 years.
Answered on 4/19/07, 5:20 pm
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