Foreclosure/Auction in Florida
The house in question has been foreclosed/auctioned and is now titled in the banks name. A request for a writ of possession has been made and a hearing is now set. Will the occupants be forced to leave? Is there any way around this?
The residents may be offered a lease on the property. If you know the tenants, such they contact the bank and ask if they can rent the home.
I am not an attorney and suggest you ask an attorney. But here is my opinion. The property now belongs to the bank. They do not want the liablility associated with having people living on THEIR property. The bank will likely evict whoever is in the house unless there is a binding agreement (such as a condotel) that REQUIRES all association members to be in a rental pool.
Phil
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