Legal Question in Real Estate Law in Utah

I live in Utah. I agreed to rent a house from my son-in-law. It has now been foreclosed on but is under short sale? My daugther's name is not on the house.

Some guy came the other day with a business card. Said he was from the bank...offered me $3,200 to get out with in 20 days. Then I must sign a paper and get it back within 3 days faxed or I do not have a deal and I have to sign even if my son who has a printer has my power of attorney. So then I get some cut and paste page via e-mail that I have to print out and sign that says I can turn it in 5 days before I move. He has a card from and REO company, not the bank. Starts telling me I am a relative so I have no rights and they are doing me a favor. May I ask what I need to find out to see if this guy is for real and that I will actually get that money if I move on time? I mean so far, after the offer, I suddenly find out it is not a gift, I have to pay taxes on it, then I have to pay for damages I did not do and then I have to pay for utilities that were not paid before I started renting! I guess what I am asking is do I have any rights as a renter? Is there any way I can get that money free and clear? I requested it thinking I could use it to move but did not realize I would not get it but only get a portion.


Asked on 12/19/09, 8:56 am

1 Answer from Attorneys
Alvin Lundgren Alvin R. Lundgren, L.C.

You should have a written contract with the REO along with the money held in escrow at a local place. You signed the agreement, the money goes into escrow that you verify. You move out and the escrow company pays you. The written agreement waives any further causes of action against you from the REO.

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Answered on 12/24/09, 10:10 am


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