Foreclosure in 55106>Question Details

L, Other/Just Looking in 55106

hi we just moved in a duplex a month ago and didn't sign a lease; the place is being forclosed.

Asked by L, 55106 Tue Jun 3, 2008

Can we stop paying rent and move out

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7
Mnlakeplace’s answer
If you havent signed anything talk to the owner and tell him you want to move if that is what you want to do or tell them to give you a discount on your rent till the bank forecloses on the house. http://www.mnhomescontractfordeed.com/sherburne-county
0 votes Thank Flag Link Thu May 10, 2012
My personal opinion- Without knowing anymore details I would think you would be able too if nothing was signed.
0 votes Thank Flag Link Fri Apr 20, 2012
L......

I agree with Cameron, but as Aaron stated, this is really a legal matter and you're best bet would be to consult with an Attorney specializing in issues of Real Estate.

Thanks, Todd Norsted
Web Reference: http://www.toddnorsted.com
0 votes Thank Flag Link Fri Jun 13, 2008
L,

Without signing a lease you are in a tenancy at will which means that in MN you must give one month + one day's notice to the landlord in order to terminate your arangement. I would not stop paying rent but rather give the proper notice and find another place. I hope that this helps.

Cameron Piper
Web Reference: http://www.campiper.com
0 votes Thank Flag Link Thu Jun 12, 2008
Until the bank takes it back, I would think that you would. It may be possible that the owner may bring the mortgage current.
Web Reference: http://getprequalified.com
0 votes Thank Flag Link Tue Jun 3, 2008
Google (Insert your state) tenants rights...many states are now posting information to help tenants in foreclosed homes on their sites. Good luck.
Web Reference: http://www.cindihagley.com
0 votes Thank Flag Link Tue Jun 3, 2008
Cindi Hagley,…, Real Estate Pro in San Ramon, CA
MVP'08
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I am not an attorney so this is not legal advice, but I've always heard that an unwritten lease is considered month-to-month and only requires 1 month's notice to terminate. Regardless of the home's situation though, you are required to abide by the terms of a lease you have agreed to, so simply stopping payment is not right.

Again, I am not an attorney and this should not be considered legal advice. Please consult an attorney.
0 votes Thank Flag Link Tue Jun 3, 2008
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