Legal Question in Landlord & Tenant Law in Virginia
Condo we are subleasing facing trustee's sale
We signed a sublease for a condo in Dec. 2008, which we just learned was being sold in auction in two weeks. The owner all along has never once answered our queries, and I do not expect him to contest this. What are our options? Does our sublease terminate upon the sale of the unit? If so, can we continue to occupy the unit rent-free until we are told to vacate? What are our options?
1 Answer from Attorneys
Re: Condo we are subleasing facing trustee's sale
Yes, if the condo was subject to a foreclosure sale, your sublease was terminated upon the sale of the condo, but you will not be able to continue to occupy the unit gratis. The new owner will either have you served with a notice to vacate the premises by a date certain or may allow you to continue on with terms similar to your prior lease with respect to the monthly rent until he or she wants you to leave.