Tenants in New York are living in a rental house that they have discovered is in foreclosure. Their lease has also expired. What are their rights?
Tenants in New York are living in a rental house that they have discovered is in foreclosure. Their lease has also expired. What are their rights?
When a lease expires, it normally becomes a month-to-month tenancy such that either the landlord or tenant may terminate the tenancy on one month's notice. If the tenant wants to move, the tenant may give notice.
Until the foreclosure actually occurs, the tenants will continue to owe their rent to their landlord, and can be evicted if they stop paying rent.