Legal Question in Real Estate Law in New Jersey

Real Estate legal advise

If you owe 2 month of mortgage, can your bank send letters to your tenants to pay them rent without court order or without foreclosure proceedings?


Asked on 7/26/08, 2:59 pm

1 Answer from Attorneys
John Corbett Corbett Law Firm LLC

Re: Real Estate legal advise

Check your mortgage. It is a common term in a mortgage that the lender can collect rents and profits from the property if the loan is in default.

See also: http://info.corbettlaw.net/lawguru.htm

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Answered on 7/26/08, 6:41 pm


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