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I am renting a home that has been listed as a short sale. The seller has stopped making payments but continues to collect rent/

Posted on: 28th Sep, 2010 08:50 pm
I have been renting this property for a year. The lease expired Sept. 3. I was not told the property was for sale until a stranger came to the door wanting to see the property. The original property manager was fired on Sept. 7 and the listing agent is now the property manager per notification on Sept. 27. I have bent over backwards to accomodate the seller by allowing the property to be shown with 24 hour notice. I was notified on Sept 27 that my rent was now to be sent to the listing /.new property manager. Today, Sept. 28 i received a call from original property manager that I am to pay rent to them until Nov. 1...The sellers have quit making payments hoping for a bank to approve a short sale..so I assume they will be pocketing the rent money. What do I do?
Hi pfsachs,

You are bound by the rent contract to pay the dues to the landlord. However, as the landlord has defaulted on his/her mortgage payments, you should now pay the rental dues to the new property manager. This will help you in keep on renting the property.

Thanks
Posted on: 28th Sep, 2010 10:07 pm
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