Legal Question in Real Estate Law in Utah
rental inq
i am renting a home from a property mgmt company..the homeowner has forced the house into foreclosure/bank auction situation. the property mgmnt people are telling me that i have to pay the full rent even though my tenure at this place could be very short and I am now having to come up with deposits and moving costs due to this which was very unexpected. do i have any rights?
1 Answer from Attorneys
Re: rental inq
Read the lease agreement carefully, it may have terms which affect your rights. The lease agreement will be terminated effective with the date of the foreclosure sale. You may owe rent through that date. Get some sort of release from the property manager as to the amount you will have to pay in rent and the last date of occupancy. Since the owner forced early termination of the lease, the owner may be in default of the lease agreement, which may give you additional rights.
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