Legal Question in Landlord & Tenant Law in Minnesota
Renters rights during an apartment building foreclosure
My apartment building is up for foreclosure in one month. Am I legally bound to pay my rent until then, since I will have unexpected moving costs now?
Asked on 12/26/04, 6:56 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: Renters rights during an apartment building foreclosure
Yes. You are obligated to pay rent until move-out.You should have an attorney review your lease re: termination and attornment provisions which may affect your rights to continue to live there. Foreclosure affects the rights of the owner, but tenants may continue to live in the building with new obligations to the bank or owner after foreclosure.
Answered on 12/27/04, 7:58 am
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