Legal Question in Landlord & Tenant Law in Nebraska

Rental Agreements

My husband and I moved in to a rental house in October of 2006,and we signed a 2 year lease. It states in our agreement that our rent would be $450 a month with $200 down payment on the house, for an option to buy. we have always paid our rent on time and have never had any problems with our landlord. We recieved a phone call from our landlord stating that his company is going bankrupt and we have untill the 1st of july to move out. We dont habe good enough creddit to buy the house with out a hefty down payment, and we have no savings. Is there something that we ca n do? We live in a very small town, and rentals are hard to come buy. Are we entitled to the extra $200 that we paid every month as a ''down Payment''? Are we entitled to our Full security deposit back sence He is the one that broke the lease?? Help please! I have 2 little children and no place to go!!!


Asked on 5/26/07, 3:20 am

1 Answer from Attorneys
Duke Drouillard Drouillard Law, LLC

Re: Rental Agreements

You need to go see a lawyer immediately with a copy of your lease. If the lease is valid, you do not need to move anywhere. The landlord cannot change the terms of the lease once it has been signed. The only effect his bankruptcy may have on you, is the bankruptcy court may order you to send the rent payments to the court instead of the landlord.

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Answered on 5/26/07, 7:42 am


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