RentToOwn-HouseFinder.com

I have a lease agreement to in which I prepaid, but now the old landlord got foreclosed on and we have a new?

landlord who will not honor the lease. Told me that i needed to get the money back from the old LL and give it to him. What are my options.

Public Comments

1. You paid, it is HIS job to get the money from his investment. Or he can count this as a loss, either way, it is NOT your problem.
2. wow this is a sticky situation!! Hopefully you have the rent receipts from the prior landlord to prove your pre-payment. The new owner is required to honor the lease but pre-payment is another issue, which I believe should have been covered by the title company but it would have been hard to find for them. I would contact the old landlord and see if there is anyway he can help you but that is very unlikely since he just went through the foreclosure. If you lack rent payment receipts or and documentation from the previous landlord stating that you prepaid a certain amount you will have to try to find proof from your checks written out to him. If you have proof of this of some sort I would recommend providing a copy of this to your new landlord and asking him to honor your current lease with the prepayment and since you have proof you are willing to take him to court if he proceeds with any actions where your rights are being violated. Try to contact the bank and title company that the foreclosure went through, if you know the real estate agent that was involve that would be very helpful as well. Try see what you can find out from those sources to see if any of them know if your security deposit was transferred or any of this pre-payment money was revealed.