Rentals in Roosevelt>Question Details

Paulette, Renter in Roosevelt, NY

I saw the house we're renting listed on realtor.com today for shortsale. Can my husband and I be put out before we're able to get us a?

Asked by Paulette, Roosevelt, NY Thu Jul 29, 2010

place?

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The John Ford Team’s answer
IF you have a lease that is a legal document and stays in force with the property even when sold. I'm not an attorney so I can't advise but as a landlord and Realtor I know that a lease cannot be broken with a sale or shortsale. Read your lease terms and show it to your attorney to be sure.
0 votes Thank Flag Link Thu Jul 29, 2010
If they can rent it out, they may not need to short sell it. I have numerous clients who are in the same position and will be able to avoid a short sale by leasing.
Web Reference: http://GailGladstone.com
0 votes Thank Flag Link Thu Jul 29, 2010
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